Tex. Spec. Dist. Local Laws Code § 8511.0701 · Subchapter G. BONDS, BORROWED MONEY, AND GRANTS
BORROWING MONEY; GRANTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The authority may:
(1) borrow money or accept a grant or donation for its corporate purposes from any person, including a private source, the United States, this state, or a local government; and
(2) enter into an agreement in connection with a loan, grant, or donation accepted under Subdivision (1).
(b) The source of any money accepted by the authority is public information, both as to amount and any restrictions placed by the donor on its expenditure.
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.8511.htm
- Text hash
- sha256 b4996f3d5974442306cabadb7f61b1ec0a56715350a78ced53edeb4416b001b7
- 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.