Texas § 8508.0117 GENERAL CONTRACT POWERS.

Texas Statutes

§ 8508.0117 — GENERAL CONTRACT POWERS.

Texas § 8508.0117

Code SDSpecial District Local Laws Code

This text of Texas § 8508.0117 (GENERAL CONTRACT POWERS.) 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. § 8508.0117 (2026).

Text

Sec. 8508.0117. GENERAL CONTRACT POWERS.

(a)The authority may enter into a contract or execute an instrument that is necessary or convenient for the exercise of its powers, rights, duties, and functions or the accomplishment of its purposes.

(b)Notwithstanding any other law, the authority may:

(1)undertake and carry out an activity that is related to or necessary in carrying out or performing a power or function of the authority;

(2)enter into a contract, loan agreement, lease, or installment sales agreement;

(3)acquire, purchase, construct, own, operate, maintain, repair, improve, or extend, or loan, lease, sell, or otherwise dispose of, including by such methods as a loan payment, rental, sale, or installment sale, as the parties may agree, any facility, plant, building, structure,

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Sec. 8508.0117. GENERAL CONTRACT POWERS. (a) The authority may enter into a contract or execute an instrument that is necessary or convenient for the exercise of its powers, rights, duties, and functions or the accomplishment of its purposes.
(b) Notwithstanding any other law, the authority may:
(1) undertake and carry out an activity that is related to or necessary in carrying out or performing a power or function of the authority;
(2) enter into a contract, loan agreement, lease, or installment sales agreement;
(3) acquire, purchase, construct, own, operate, maintain, repair, improve, or extend, or loan, lease, sell, or otherwise dispose of, including by such methods as a loan payment, rental, sale, or installment sale, as the parties may agree, any facility, plant, building, structure, equipment, or appliance or property or any interest in property; and
(4) use any or all money or proceeds of bonds and other obligations.