Tex. Spec. Dist. Local Laws Code § 8501.251 · Subchapter F. OBLIGATIONS RELATING TO BORROWED MONEY

POWER TO BORROW MONEY; EVIDENCE OF OBLIGATION.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

The authority may:

(1) borrow money from any source, including an agency of the United States; and

(2) issue a note, warrant, certificate of indebtedness, or other form of obligation of the authority as evidence of the borrowed money.

Notes and commentary — not statutory text

History

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8501.htm
Text hash: sha256 16e8dd06e3449bd442183a7f7897c5af19960701d6b3fa031ec2c68e7d6a1560
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.