Tex. Health and Safety Code § 775.071
LIMITATION ON INDEBTEDNESS
Texas · Texas Health and Safety Code · Status: effective
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- Citation
- Tex. Health and Safety Code § 775.071, LIMITATION ON INDEBTEDNESS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/676085
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Full text
(a) Except as provided by Subsection (b), a district may not contract for an amount of indebtedness in any one year that is in excess of the funds then on hand and anticipated revenues for the year.
(b) This section does not apply to Sections 775.051, 775.072, 775.076, 775.077, 775.078, and 775.085.