Texas Statutes
§ 3887.152 — BORROWING MONEY.
Texas § 3887.152
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 3887.152 (BORROWING 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. § 3887.152 (2026).
Text
Sec. 3887.152. BORROWING MONEY. The district may borrow money for a district purpose by issuing or executing bonds, notes, credit agreements, or other obligations of any kind found by the board to be necessary or appropriate for a district purpose. The bond, note, credit agreement, or other obligation must be secured by and payable from ad valorem taxes, assessments, or any combination thereof or from other district revenue.
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Legislative History
Added by Acts 2009, 81st Leg., R.S., Ch. 1078 (H.B. 4755 ), Sec. 1, eff. June 19, 2009.
Nearby Sections
15
§ 3887.001
DEFINITIONS.§ 3887.002
CREATION AND NATURE OF DISTRICT.§ 3887.003
PURPOSE; LEGISLATIVE FINDINGS.§ 3887.004
FINDINGS OF BENEFIT AND PUBLIC PURPOSE.§ 3887.005
DISTRICT TERRITORY.§ 3887.051
GOVERNING BODY; TERMS.§ 3887.052
ELECTION DATE.§ 3887.053
VACANCY.§ 3887.054
ELIGIBILITY.§ 3887.055
DIRECTOR'S OATH OR AFFIRMATION.§ 3887.056
OFFICERS.§ 3887.058
CONFLICTS OF INTEREST.§ 3887.101
GENERAL POWERS AND DUTIES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 3887.152, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/3887.152.