Tex. Spec. Dist. Local Laws Code § 3946.251 · Subchapter F. GENERAL FINANCIAL PROVISIONS
DEVELOPMENT AGREEMENT REQUIRED TO BORROW MONEY OR IMPOSE ASSESSMENTS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Before the district may issue bonds, impose assessments, or borrow money, the district must obtain from the city confirmation that no defaults under the development agreement are known.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 607 (H.B. 3136), Sec. 1, eff. September 1, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.3946.htm
- Text hash
- sha256 e0578ce9c4f37aa265c220a075d0bc11c4b9138a7cf3453d321fd7dd0b23e81f
- 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.