AUTHORITY TO BORROW MONEY FOR CURRENT EXPENSES; EVIDENCE OF OBLIGATION.

Tex. SPEC. DIST. LOCAL LAWS Code § 5012.0154.
in effect
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(a) The authority may: (1) borrow money for current expenses; and (2) evidence the borrowed money by warrants. (b) The total amount of the warrants may not exceed the anticipated revenue. Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172 ), Sec. 1.01, eff. April 1, 2021. SUBCHAPTER E. BONDS
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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