Texas Statutes
§ 1020.210 — SPENDING AND INVESTMENT RESTRICTIONS.
Texas § 1020.210
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 1020.210 (SPENDING AND INVESTMENT RESTRICTIONS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Special District Local Laws Code Code Ann. § 1020.210 (2026).
Text
Sec. 1020.210. SPENDING AND INVESTMENT RESTRICTIONS.
(a)Except as provided by Section 1020.108 (c) and Subchapter F, the district may not incur an obligation payable from district revenue other than the revenue on hand or to be on hand in the current and following district fiscal years.
(b)The board may invest operating, depreciation, or building reserves only in funds or securities specified by Chapter 2256 , Government Code.
SUBCHAPTER F. BONDS
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166 ), Sec. 1.02, eff. April 1, 2009.
Nearby Sections
15
§ 1020.001
DEFINITIONS.§ 1020.002
AUTHORITY FOR OPERATION.§ 1020.003
ESSENTIAL PUBLIC FUNCTION.§ 1020.004
DISTRICT TERRITORY.§ 1020.005
CORRECTION OF INVALID PROCEDURES.§ 1020.051
BOARD ELECTION; TERM.§ 1020.052
NOTICE OF ELECTION.§ 1020.053
BALLOT PETITION.§ 1020.054
QUALIFICATIONS FOR OFFICE.§ 1020.055
BOARD VACANCY.§ 1020.056
OFFICERS.§ 1020.057
COMPENSATION; EXPENSES.§ 1020.058
VOTING REQUIREMENT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1020.210, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/1020.210.