Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 6906.152 - Authority to Borrow Money and Issue Bonds The district, in the manner and to the extent permitted by this chapter, may:
(1) borrow money for any of its corporate purposes;(2) enter into agreements in connection with the borrowing;(3) issue its bonds for money borrowed;(4) provide for and secure the payment of its bonds; and(5) provide for the rights of the holders of its bonds.Tex. Spec. Dist. Loc. Laws § 6906.152
Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.06, eff. 4/1/2009.