Texas § 1055.201 GENERAL OBLIGATION BONDS AND OTHER FINANCIAL ARRANGEMENTS.

Texas Statutes

§ 1055.201 — GENERAL OBLIGATION BONDS AND OTHER FINANCIAL ARRANGEMENTS.

Texas § 1055.201

Code SDSpecial District Local Laws Code

This text of Texas § 1055.201 (GENERAL OBLIGATION BONDS AND OTHER FINANCIAL ARRANGEMENTS.) 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. § 1055.201 (2026).

Text

Sec. 1055.201. GENERAL OBLIGATION BONDS AND OTHER FINANCIAL ARRANGEMENTS. The board may issue and sell general obligation bonds, secure long-term loans, or make other financial arrangements as district obligations in the name and on the faith and credit of the district. The money shall be used for any purpose relating to:

(1)the purchase, construction, acquisition, repair, or renovation of buildings or improvements;

(2)equipping buildings or improvements for hospital purposes; and

(3)the operation of the district.

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Sec. 1055.201. GENERAL OBLIGATION BONDS AND OTHER FINANCIAL ARRANGEMENTS. The board may issue and sell general obligation bonds, secure long-term loans, or make other financial arrangements as district obligations in the name and on the faith and credit of the district. The money shall be used for any purpose relating to:
(1) the purchase, construction, acquisition, repair, or renovation of buildings or improvements;
(2) equipping buildings or improvements for hospital purposes; and
(3) the operation of the district.