Tex. Spec. Dist. Local Laws Code § 8508.0117 · Subchapter C. POWERS AND DUTIES
GENERAL CONTRACT POWERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The authority may enter into a contract or execute an instrument that is necessary or convenient for the exercise of its powers, rights, duties, and functions or the accomplishment of its purposes.
(b) Notwithstanding any other law, the authority may:
(1) undertake and carry out an activity that is related to or necessary in carrying out or performing a power or function of the authority;
(2) enter into a contract, loan agreement, lease, or installment sales agreement;
(3) acquire, purchase, construct, own, operate, maintain, repair, improve, or extend, or loan, lease, sell, or otherwise dispose of, including by such methods as a loan payment, rental, sale, or installment sale, as the parties may agree, any facility, plant, building, structure, equipment, or appliance or property or any interest in property; and
(4) use any or all money or proceeds of bonds and other obligations.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8508.htm
- Text hash
- sha256 54e3b156cc55e1fcd5566f06580107ccb7bdb0de4a1bd8ed3a892184cf84c0a7
- 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.