yourstate.us
Home / Texas / Special District Local Laws Code
Tex. Special District Local Laws Code § 3861.152

BORROWING MONEY

Texas · Texas Special District Local Laws Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Special District Local Laws Code § 3861.152, BORROWING MONEY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/595134
Permanent ID
ys:prov:595134@1
SHA-256
0616af4f219aeefaa3f3364376bbb2f70ab073751df2022c5e664504895a50b3

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

The district may borrow money for a district purpose by issuing or executing bonds, notes, credit agreements, or other obligations of any kind found by the board to be necessary or appropriate for the district purpose. The bond, note, credit agreement, or other obligation must be secured by and payable from ad valorem taxes, assessments, or any other district revenue.