Texas Statutes
§ 1069.212 — AUTHORITY TO BORROW MONEY.
Texas § 1069.212
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 1069.212 (AUTHORITY TO BORROW MONEY.) 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. § 1069.212 (2026).
Text
Sec. 1069.212. AUTHORITY TO BORROW MONEY.
(a)Pending receipt of accounts receivable, the board may borrow money for the payment of maintenance and operating expenses of the district.
(b)A loan obtained by the district under this section must be repaid not later than one year after the date on which the loan is made.
SUBCHAPTER F. BONDS AND OTHER OBLIGATIONS
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Legislative History
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147 ), Sec. 1.01, eff. April 1, 2013.
Nearby Sections
15
§ 1069.001
DEFINITIONS.§ 1069.002
AUTHORITY FOR OPERATION.§ 1069.003
ESSENTIAL PUBLIC FUNCTION.§ 1069.004
DISTRICT TERRITORY.§ 1069.051
BOARD ELECTION; TERM.§ 1069.052
NOTICE OF ELECTION.§ 1069.053
BALLOT PETITION.§ 1069.054
QUALIFICATIONS FOR OFFICE.§ 1069.055
BOARD VACANCY.§ 1069.056
OFFICERS.§ 1069.057
QUORUM; VOTING REQUIREMENT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1069.212, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/1069.212.