Tex. Spec. Dist. Local Laws Code § 9029.156 · Subchapter D. GENERAL FINANCIAL PROVISIONS
POWER TO BORROW MONEY AND ACCEPT GRANTS OR OTHER SUPPORT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The authority may borrow money for the authority's corporate purposes, including taking a loan or accepting a grant, gratuity, or other support from the United States, this state, or a corporation or agency created or designated by the United States or this state.
(b) In connection with the loan, grant, or other support, the authority may enter into any arrangement the board considers advisable.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.06, eff. April 1, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9029.htm
- Text hash
- sha256 993606c71dda8d691d30e20f10e2af84c1b697fee2f45e7ba5d2756b55da92ad
- 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.