Tex. Spec. Dist. Local Laws Code § 1120.154 · Subchapter D. GENERAL FINANCIAL PROVISIONS
FISCAL YEAR.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The district operates according to a fiscal year established by the board.
(b) The fiscal year may not be changed:
(1) during a period in which revenue bonds of the district are outstanding; or
(2) more than once in a 24-month period.
Notes and commentary — not statutory text
History
Added by Acts 2015, 84th Leg., R.S., Ch. 893 (H.B. 4212), Sec. 1, eff. June 18, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1120.htm
- Text hash
- sha256 0408eb38a65b8a8f5d09b980aa2186324242a0ccb8721c9f15c68de6b663206b
- 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
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.