Sec. 1067.157. AUTHORITY TO BORROW MONEY; SECURITY


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  • A loan for which district revenue is pledged must mature not later than the fifth anniversary of the date the loan is made.

    (d) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 91, Sec. 22.010, eff. September 1, 2011.

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 , Sec. 1.01, eff. April 1, 2011. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 91 , Sec. 22.009(a), eff. September 1, 2011. Acts 2011, 82nd Leg., R.S., Ch. 91 , Sec. 22.010, eff. September 1, 2011.