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TX · constitutions

Tex. Const. art. III, § 50

LOAN OR PLEDGE OF CREDIT OF THE STATE

activein force · 2026-09-24 – presentas-observed

The Legislature shall have no power to give or to lend, or to authorize the giving or lending, of the credit of the State in aid of, or to any person, association or corporation, whether municipal or other, or to pledge the credit of the State in any manner whatsoever, for the payment of the liabilities, present or prospective, of any individual, association of individuals, municipal or other corporation whatsoever.

History

(Feb. 15, 1876.)

Provenance

Source
tcss.legis.texas.gov
Retrieved
2026-09-24
Edition
2026-09-24
Content hash
e12c12c7646d078e22a5bfde6481e9e8b5d848e157a8aa3b2e4accc1658c2ed3
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