Sec. 1121.159. DEBT LIMITATION. Except as provided by this chapter and Chapter 1207, Government Code, the district may not incur a debt payable from district revenue other than revenue available in the current fiscal year and the immediately following fiscal year of the district.
Added by Acts 2015, 84th Leg., R.S., Ch. 141 (S.B. 2034), Sec. 1, eff. May 28, 2015.
Section: Previous 1121.152 1121.153 1121.154 1121.155 1121.156 1121.157 1121.158 1121.159 1121.160 1121.161 1121.201 1121.202 1121.203 1121.204 1121.205 NextLast modified: September 28, 2016