LOANS AND GRANTS.
Tex. SPEC. DIST. LOCAL LAWS Code § 8506.201.
in effectThe authority may:
(1) borrow money for the authority's corporate purposes;
(2) borrow money or accept a grant from the United States and, in connection with the loan or grant, enter into any agreement the United States or the corporation or agency may require; and
(3) make and issue bonds for money borrowed, in the manner and to the extent provided by Sections 8506.204 , 8506.205 , 8506.206 , 8506.207 , and 8506.208 .
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.05, eff. April 1, 2017.