Texas Constitution:Article III, Section 50: Difference between revisions
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{{DISPLAYTITLE:Article III, Section 50 of the Texas Constitution (''<small>"Loan or Pledge of Credit of the State"</small>'')}}{{Texas Constitution|text=Adopted February 15, 1876: | {{DISPLAYTITLE:Article III, Section 50 of the Texas Constitution (''<small>"Loan or Pledge of Credit of the State"</small>'')}}{{Texas Constitution|text=Adopted February 15, 1876: | ||
'''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.''' | '''The Legislature shall have no power to give or to lend, or to authorize the giving or lending, [sic] 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.''' | ||
|editor= | |editor= | ||
This section first appeared in the Texas Constitution of 1876. Neither | This section first appeared in the Texas Constitution of 1876. Neither the Republic of Texas constitution (1836) nor any of the state's first four constitutions (1845, 1861, 1866, 1869) contained a provision with similar substantive language. | ||
Note that the Texas Attorney General, in Tex. Att'y Gen. Op. [https://www2.texasattorneygeneral.gov/opinions/opinions/48morales/op/1996/pdf/dm0382.pdf#page=15 DM-382] (1996), opined that: "We disapprove of Attorney General Opinions No. 2996, MW-461, JM-533, JM-749, and JM-1229, and any other prior opinions of this office insofar as they state or imply that a mere credit sale of goods or services by the State or one of its political subdivisions violates the credit clauses of the constitution." | Note that the Texas Attorney General, in Tex. Att'y Gen. Op. [https://www2.texasattorneygeneral.gov/opinions/opinions/48morales/op/1996/pdf/dm0382.pdf#page=15 DM-382] (1996), opined that: "We disapprove of Attorney General Opinions No. 2996, MW-461, JM-533, JM-749, and JM-1229, and any other prior opinions of this office insofar as they state or imply that a mere credit sale of goods or services by the State or one of its political subdivisions violates the credit clauses of the constitution." | ||
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|seo_title=Article III, Section 50 of the Texas Constitution ("Loan or Pledge of Credit of the State") | |seo_title=Article III, Section 50 of the Texas Constitution ("Loan or Pledge of Credit of the State") | ||
|seo_keywords=Article 3 Section 50, | |seo_keywords=Article 3 Section 50, credit prohibition, credit clauses | ||
|seo_description=The Legislature shall have no power to give or to lend, or to authorize the giving or lending, of the credit of the State. | |seo_description=The Legislature shall have no power to give or to lend, or to authorize the giving or lending, of the credit of the State. | ||
|seo_image=Texas_Constitution_of_1876_Article_3.jpg | |seo_image=Texas_Constitution_of_1876_Article_3.jpg | ||
Latest revision as of 13:57, August 11, 2023
Adopted February 15, 1876:
The Legislature shall have no power to give or to lend, or to authorize the giving or lending, [sic] 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.
Editor Comments
This section first appeared in the Texas Constitution of 1876. Neither the Republic of Texas constitution (1836) nor any of the state's first four constitutions (1845, 1861, 1866, 1869) contained a provision with similar substantive language.
Note that the Texas Attorney General, in Tex. Att'y Gen. Op. DM-382 (1996), opined that: "We disapprove of Attorney General Opinions No. 2996, MW-461, JM-533, JM-749, and JM-1229, and any other prior opinions of this office insofar as they state or imply that a mere credit sale of goods or services by the State or one of its political subdivisions violates the credit clauses of the constitution."
Recent Decisions
None.
Historic Decisions
None.
Library Resources
- Vernon's Annotated Constitution of the State of Texas (this multi-volume and up-to-date resource is available at all law libraries and many municipal libraries)
- The Texas State Constitution: A Reference Guide (this one-volume resource is available at most law libraries and some municipal libraries)
- The Constitution of the State of Texas: An Annotated and Comparative Analysis (this two-volume resource is available at most law libraries and some municipal libraries)
Online Resources
- Constitution of the State of Texas (1876) (this resource is published and maintained by the University of Texas School of Law)
- Amendments to the Texas Constitution Since 1876 (this resource is published and regularly updated by the Legislative Council)
- Reports Analyzing Proposed Amendments (this resource is published and regularly updated by the Legislative Reference Library)