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Texas Constitution art. 11 §3

In force on Nov 04, 2018 · this text took effect (date not stated) · same as today's text

COUNTY OR MUNICIPAL INVESTMENT IN OR DONATION OR LOAN TO PRIVATE CORPORATION OR ASSOCIATION PROHIBITED

No county, city, or other municipal corporation shall hereafter become a subscriber to the capital of any private corporation or association, or make any appropriation or donation to the same, or in anywise loan its credit; but this shall not be construed to in any way affect any obligation heretofore undertaken pursuant to law or to prevent a county, city, or other municipal corporation from investing its funds as authorized by law. (Feb. 15, 1876. Amended Nov. 7, 1989.)

History:

Source: the Legislature's file server, seen Mar 03, 2022 to Nov 08, 2026.

Every version on file

Effective date not stated · seen Mar 2022–Nov 2026
Effective date not stated · seen Nov 2018–Nov 2018

Attorney General opinions that cite it

GA-0583 (Jun 20, 2007): Authority of a county to lease a generator to a radio station
JM-0065 (Aug 17, 1983): Whether a county may con- tribute funds to a privately owned hospital

A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.