Tex. Special District Local Laws Code § 3908.201: AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS AND OTHER OBLIGATIONS.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 4. DEVELOPMENT AND IMPROVEMENT
- SUBTITLE C. DEVELOPMENT, IMPROVEMENT, AND MANAGEMENT
- CHAPTER 3908. ROCK PRAIRIE MANAGEMENT DISTRICT NO. 1
- SUBCHAPTER E. BONDS
(a) The district may borrow money on terms determined by the board.
(b) The district may issue, without an election, bonds, notes, or other obligations payable wholly or partly from assessments, impact fees, revenue, contract payments, grants, or other district money, or any combination of those sources of money, to pay for any authorized district purpose.
Added by Acts 2013, 83rd Leg., R.S., Ch. 1115 (H.B. 3875), Sec. 1, eff. June 14, 2013.
Collected 2026-08-27T01:47:41Z. Source file · JSON