Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Special District Local Laws Code § 1069.212: AUTHORITY TO BORROW MONEY.

Where this section sits in the code

(a) Pending receipt of accounts receivable, the board may borrow money for the payment of maintenance and operating expenses of the district.

(b) A loan obtained by the district under this section must be repaid not later than one year after the date on which the loan is made.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

Collected 2026-08-27T01:47:41Z. Source file · JSON