Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 6. WATER AND WASTEWATER |
Subtitle B. FRESH WATER SUPPLY DISTRICTS |
Chapter 6906. CORYELL CITY WATER SUPPLY DISTRICT |
Subchapter D. GENERAL FINANCIAL PROVISIONS |
Sec. 6906.152. AUTHORITY TO BORROW MONEY AND ISSUE BONDS
Latest version.
-
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.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.06, eff. April 1, 2009.