Tex. Spec. Dist. Local Laws Code § 1070.210 · Subchapter E. GENERAL FINANCIAL PROVISIONS
SPENDING AND INVESTMENT RESTRICTIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as otherwise provided by Sections 1070.062, 1070.063, 1070.064, 1070.108(c), and 1070.211 and by Subchapter F, the district may not incur an obligation payable from district revenue other than the revenue on hand or to be on hand in the current and following district fiscal years.
(b) The board may invest operating, depreciation, or building money only in funds or securities specified by Chapter 2256, Government Code.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1070.htm
- Text hash
- sha256 887190e3e0261bddf1a7eab25ef526b2fd452051511e8f1b78cdb705ae5537ca
- 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.
Government Code
Special District Local Laws Code
- Tex. Spec. Dist. Local Laws Code § 1070.062RECRUITMENT OF STAFF AND EMPLOYEES.Printed as Sections 1070.062, 1070.063, 1070.064, 1070.108(c), and 1070.211
- Tex. Spec. Dist. Local Laws Code § 1070.063HEALTH CARE AND PROFESSIONAL EDUCATIONAL PROGRAMS.Printed as Sections 1070.062, 1070.063, 1070.064, 1070.108(c), and 1070.211
- Tex. Spec. Dist. Local Laws Code § 1070.064DAY-CARE SERVICES.Printed as Sections 1070.062, 1070.063, 1070.064, 1070.108(c), and 1070.211
- Tex. Spec. Dist. Local Laws Code § 1070.108DISTRICT PROPERTY, FACILITIES, AND EQUIPMENT.Printed as Sections 1070.062, 1070.063, 1070.064, 1070.108(c), and 1070.211
- Tex. Spec. Dist. Local Laws Code § 1070.211AUTHORITY TO BORROW MONEY; SECURITY.Printed as Sections 1070.062, 1070.063, 1070.064, 1070.108(c), and 1070.211
Cited by 1 provision
Provisions in this library whose text cites Tex. Spec. Dist. Local Laws Code § 1070.210. Each shows the citation as that text prints it.
Special District Local Laws Code
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