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Texas Constitution:Article III, Section 50 (view source)
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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 section 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 | ||