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2025 Texas Statutes
Transportation Code
Title 6 - Roadways
Subtitle E - Municipal Streets
Chapter 314 - Purchase or Condemnation of Property for Highways by Certain Municipalities
Subchapter D. Assessments
Section 314.048. Certificates
Universal Citation:
TX Transp Code § 314.048 (2025)
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Sec. 314.048. CERTIFICATES. The municipality may:
(1) issue assignable certificates payable to the municipality or the purchaser of the certificates stating the liability of the property and the owner of the property for the payment of assessments; and
(2) set the terms of the certificates, including the time of payment, conditions of default, and date of maturity.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
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