Sec. 1084.154. FISCAL YEAR. (a) The district operates according to a fiscal year established by the board.
(b) The fiscal year may not be changed:
(1) during a period that revenue bonds of the district are outstanding; or
(2) more than once in a 24-month period.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.
Section: Previous 1084.109 1084.110 1084.111 1084.112 1084.151 1084.152 1084.153 1084.154 1084.155 1084.156 1084.157 1084.158 1084.159 1084.201 1084.202 NextLast modified: September 28, 2016