Texas § 5010.0405 AUTHORITY TO BORROW MONEY, ACCEPT GRANTS, AND ISSUE ASSOCIATED BONDS.

Texas Statutes

§ 5010.0405 — AUTHORITY TO BORROW MONEY, ACCEPT GRANTS, AND ISSUE ASSOCIATED BONDS.

Texas § 5010.0405

Code SDSpecial District Local Laws Code

This text of Texas § 5010.0405 (AUTHORITY TO BORROW MONEY, ACCEPT GRANTS, AND ISSUE ASSOCIATED 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. § 5010.0405 (2026).

Text

Sec. 5010.0405. AUTHORITY TO BORROW MONEY, ACCEPT GRANTS, AND ISSUE ASSOCIATED BONDS. The district may:

(1)borrow money for the district's corporate purposes consistent with the constitution and general laws of this state;

(2)borrow money or accept a grant from the United States, this state, or an agency or subdivision created or designated by the United States or this state and, in connection with the loan or grant, enter into any agreement the United States, this state, or an agency or subdivision may require; and

(3)make and issue bonds for money borrowed, in the manner and to the extent provided by this chapter.

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Sec. 5010.0405. AUTHORITY TO BORROW MONEY, ACCEPT GRANTS, AND ISSUE ASSOCIATED BONDS. The district may:
(1) borrow money for the district's corporate purposes consistent with the constitution and general laws of this state;
(2) borrow money or accept a grant from the United States, this state, or an agency or subdivision created or designated by the United States or this state and, in connection with the loan or grant, enter into any agreement the United States, this state, or an agency or subdivision may require; and
(3) make and issue bonds for money borrowed, in the manner and to the extent provided by this chapter.