Texas § 3882.210 AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS.

Texas Statutes

§ 3882.210 — AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS.

Texas § 3882.210

Code SDSpecial District Local Laws Code

This text of Texas § 3882.210 (AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS.) 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. § 3882.210 (2026).

Text

Sec. 3882.210. AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS.

(a)The district may borrow money on terms and conditions as determined by the board. Section 375.205 , Local Government Code, does not apply to a loan, line of credit, or other borrowing from a bank or financial institution secured by revenue other than ad valorem taxes.

(b)The district may issue bonds, notes, or other obligations payable wholly or partly from ad valorem taxes, sales and use taxes, assessments, impact fees, revenue, contract payments, grants, or other district money, or any combination of those sources of money, to pay for any authorized district purpose.

(c)The limitation on the outstanding principal amount of bonds, notes, and other obligations set forth in Section 49.4645 , Water Code, does not apply to the

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 3882.210. AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS. (a) The district may borrow money on terms and conditions as determined by the board. Section 375.205 , Local Government Code, does not apply to a loan, line of credit, or other borrowing from a bank or financial institution secured by revenue other than ad valorem taxes.
(b) The district may issue bonds, notes, or other obligations payable wholly or partly from ad valorem taxes, sales and use taxes, assessments, impact fees, revenue, contract payments, grants, or other district money, or any combination of those sources of money, to pay for any authorized district purpose.
(c) The limitation on the outstanding principal amount of bonds, notes, and other obligations set forth in Section 49.4645 , Water Code, does not apply to the district.