{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8510.0502","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8510.0502","heading":"LOANS AND GRANTS.","body":"The authority may:\n(1) borrow money for its corporate purposes; and\n(2) borrow money or accept a grant from the United States, this state, or any other source, and in connection with the loan or grant, enter into any agreement or assume any obligation as may be required.\nAdded by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE G. RIVER AUTHORITIES","CHAPTER 8510. RED RIVER AUTHORITY OF TEXAS","SUBCHAPTER E. BORROWED MONEY OR GRANTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8510.htm#8510.0502","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"ae0cfd7935608c369ddd372f9e7c6cbfb36fb7f3789fa002dad047a659c8ca76","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8510.0501","next":"us-tx/tex.-special-district-local-laws-code-8510.0503"},"notice":"GroundRules: Original legal text. Not legal advice."}