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

Tex. Special District Local Laws Code § 5010.0406: AUTHORITY TO BORROW MONEY FOR CURRENT EXPENSES; EVIDENCE OF OBLIGATION.

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Where this section sits in the code
  1. SPECIAL DISTRICT LOCAL LAWS CODE
  2. TITLE 5. TRANSPORTATION
  3. SUBTITLE A. NAVIGATION DISTRICTS AND PORT AUTHORITIES
  4. CHAPTER 5010. PORT OF BEAUMONT NAVIGATION DISTRICT OF JEFFERSON COUNTY, TEXAS
  5. SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS

(a) The district may:

(1) borrow money for current expenses; and

(2) evidence the borrowed money by warrants.

(b) The amount of the warrants may not exceed the anticipated revenue.

Added by Acts 2019, 86th Leg., R.S., Ch. 495 (H.B. 4666), Sec. 1, eff. September 1, 2019.

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

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