{"data":{"id":"us-tx/tex.-special-district-local-laws-code-5010.0405","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 5010.0405","heading":"AUTHORITY TO BORROW MONEY, ACCEPT GRANTS, AND ISSUE ASSOCIATED BONDS.","body":"The district may:\n(1) borrow money for the district's corporate purposes consistent with the constitution and general laws of this state;\n(2) borrow money or accept a grant from the United States, this state, or an agency or subdivision created or designated by the United States or this state and, in connection with the loan or grant, enter into any agreement the United States, this state, or an agency or subdivision may require; and\n(3) make and issue bonds for money borrowed, in the manner and to the extent provided by this chapter.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 495 (H.B. 4666), Sec. 1, eff. September 1, 2019.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 5. TRANSPORTATION","SUBTITLE A. NAVIGATION DISTRICTS AND PORT AUTHORITIES","CHAPTER 5010. PORT OF BEAUMONT NAVIGATION DISTRICT OF JEFFERSON COUNTY, TEXAS","SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.5010.htm#5010.0405","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"fef35c0f38118bcf8f1c15f6c41837eda48a6b2bec47b0cf7c6a11795544d6e0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-5010.0404","next":"us-tx/tex.-special-district-local-laws-code-5010.0406"},"notice":"GroundRules: Original legal text. Not legal advice."}