Sec. 1072.159. DEBT LIMITATION

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Except as provided by Chapter 1207, Government Code, and Sections 1072.116, 1072.201, and 1072.204, the district may not incur a debt payable from district revenue other than revenue available in the current fiscal year and the immediately following fiscal year of the district.

Added by Acts 2009, 81st Leg., R.S., Ch. 876 , Sec. 3.01, eff. June 19, 2009.

                    
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