Tex. Health & Safety Code § 775.071 · Subchapter E. FINANCES AND BONDS

LIMITATION ON INDEBTEDNESS.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

(a) Except as provided by Subsection (b), a district may not contract for an amount of indebtedness in any one year that is in excess of the funds then on hand and anticipated revenues for the year.

(b) This section does not apply to Sections 775.051, 775.072, 775.076, 775.077, 775.078, and 775.085.

Notes and commentary — not statutory text

History

Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1999, 76th Leg., ch. 496, Sec. 11, eff. Sept. 1, 1999; Acts 2001, 77th Leg., ch. 1140, Sec. 6, eff. Sept. 1, 2001.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/HS/htm/HS.775.htm
Text hash: sha256 2f0b74fba39ab0818b017e15d7ea5787e99fa5466f4c8c768c1cfec28e8bdcbe
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

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Health and Safety Code

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