Tex. Const. art. 11, § 3
- Constitution
- Constitution of Texas
- Text as of
- October 2026
What does this section say?
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.)
The text is copied from the official source: tcss.legis.texas.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.