Tex. Spec. Dist. Local Laws Code § 1120.158 · Subchapter D. GENERAL FINANCIAL PROVISIONS
DEBT LIMITATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Except as provided by this chapter and Chapter 1207, Government Code, the district may not incur a debt payable from district revenue other than revenue available in the current fiscal year and the immediately following fiscal year of the district.
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 9f02739ce96469790dbfab2dfbe668e761c10af3d5c8fb0239b8ac8cd307d4ef
- 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.