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.