Tex. Transp. Code § 364.042 · Subchapter C. BONDS AND FINANCES
AUTHORITY TO BORROW MONEY OR ACCEPT FEDERAL ASSISTANCE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) To accomplish the purposes of this chapter, a county may:
(1) borrow money from any person or corporation; or
(2) borrow money or accept grants from the United States or a corporation or agency created by or authorized to act as an agency of the United States.
(b) In connection with a loan or grant under Subsection (a)(2), a county may enter into any related agreement that the United States, corporation, or agency requires.
Notes and commentary — not statutory text
History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 17.02, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.364.htm
- Text hash
- sha256 863c48b92d270430a1af1f9dda8be1321d1c01efdc6b047658df450400e8da42
- 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.