Tex. Spec. Dist. Local Laws Code § 8506.201 · Subchapter E. OBLIGATIONS RELATING TO BORROWED MONEY OR GRANTS

LOANS AND GRANTS.

Verbatim from the official edition

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

The authority may:

(1) borrow money for the authority's corporate purposes;

(2) borrow money or accept a grant from the United States and, in connection with the loan or grant, enter into any agreement the United States or the corporation or agency may require; and

(3) make and issue bonds for money borrowed, in the manner and to the extent provided by Sections 8506.204, 8506.205, 8506.206, 8506.207, and 8506.208.

Notes and commentary — not statutory text

History

Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.05, eff. April 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.8506.htm
Text hash: sha256 18e2ed9060da8d116d515ed884a25b8e547c49f90be9e7a2e9380ace9266840c
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

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Special District Local Laws Code

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