Texas Special District Local Laws Code § 1121.154 Fiscal Year

Sec. 1121.154. 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. 141 (S.B. 2034), Sec. 1, eff. May 28, 2015.

Section: Previous  1121.114  1121.115  1121.116  1121.117  1121.151  1121.152  1121.153  1121.154  1121.155  1121.156  1121.157  1121.158  1121.159  1121.160  1121.161  Next

Last modified: September 28, 2016