Texas Special District Local Laws Code § 1120.154 Fiscal Year

Sec. 1120.154. 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 in which revenue bonds of the district are outstanding; or

(2) more than once in a 24-month period.

Added by Acts 2015, 84th Leg., R.S., Ch. 893 (H.B. 4212), Sec. 1, eff. June 18, 2015.

Section: Previous  1120.112  1120.113  1120.114  1120.115  1120.151  1120.152  1120.153  1120.154  1120.155  1120.156  1120.157  1120.158  1120.159  1120.160  1120.201  Next

Last modified: September 28, 2016