Tex. Special District Local Laws Code § 8501.251
POWER TO BORROW MONEY; EVIDENCE OF OBLIGATION
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 8501.251, POWER TO BORROW MONEY; EVIDENCE OF OBLIGATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/618482
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Full text
The authority may:
(1) borrow money from any source, including an agency of the United States; and
(2) issue a note, warrant, certificate of indebtedness, or other form of obligation of the authority as evidence of the borrowed money.