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Tex. Special District Local Laws Code § 5012.0154

AUTHORITY TO BORROW MONEY FOR CURRENT EXPENSES; EVIDENCE OF OBLIGATION

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

Courts & Civil Procedure
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Tex. Special District Local Laws Code § 5012.0154, AUTHORITY TO BORROW MONEY FOR CURRENT EXPENSES; EVIDENCE OF OBLIGATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/601928
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(a) The authority may: (1) borrow money for current expenses; and (2) evidence the borrowed money by warrants. (b) The total amount of the warrants may not exceed the anticipated revenue.