Tex. Special District Local Laws Code § 3974.0405
POWERS SUBJECT TO DEVELOPMENT AND OPERATING AGREEMENT
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 3974.0405, POWERS SUBJECT TO DEVELOPMENT AND OPERATING AGREEMENT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/600347
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Full text
In addition to the other limitations provided by this chapter, the district's authority to exercise its powers is subject to the terms of the development and operating agreement required under Section 3974.0109, including the district's authority to:
(1) acquire, construct, or finance an improvement project or service under Section 3974.0502; and
(2) issue bonds, notes, certificates of participation, or other obligations under Section 3974.0601.