Tex. Spec. Dist. Local Laws Code § 8510.0502 · Subchapter E. 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 its corporate purposes; and

(2) borrow money or accept a grant from the United States, this state, or any other source, and in connection with the loan or grant, enter into any agreement or assume any obligation as may be required.

Notes and commentary — not statutory text

History

Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8510.htm
Text hash: sha256 d052bb95ac0334bbbccab0f8d1792dbff87682010816d3409246355b0fda4d22
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.