Tex. Agric. Code § 60.101 · Subchapter E. FINANCES; BONDS
MISCELLANEOUS FINANCIAL POWERS AND DUTIES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The district may:
(1) impose a charge for using land, a facility, or a service the district provides;
(2) issue bonds as provided by this subchapter;
(3) borrow money for any corporate purpose or combination of purposes;
(4) loan money;
(5) invest money under its control in an investment permitted by Chapter 2256, Government Code;
(6) select a depositor;
(7) establish a system of accounts for the district; and
(8) set the fiscal year for the district.
(b) The board by rule shall establish the procedure and number of directors' signatures required to disburse or transfer district money.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1393, Sec. 1, eff. June 16, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/AG/htm/AG.60.htm
- Text hash
- sha256 006c130e481f79ee2c1cc5def559b3c1110835c57d4cd4bfe53fbbb4ecc2b515
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.