Tex. Spec. Dist. Local Laws Code § 6906.152 · Subchapter D. GENERAL FINANCIAL PROVISIONS
AUTHORITY TO BORROW MONEY AND ISSUE BONDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The district, in the manner and to the extent permitted by this chapter, may:
(1) borrow money for any of its corporate purposes;
(2) enter into agreements in connection with the borrowing;
(3) issue its bonds for money borrowed;
(4) provide for and secure the payment of its bonds; and
(5) provide for the rights of the holders of its bonds.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, 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.6906.htm
- Text hash
- sha256 180a6ac4ceb73ecd1935481c4334ea3236c0e08fb497a8bb3d025ff9c18f9a21
- 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.