Texas Special District Local Laws Code § 8505.204 Power To Issue Bonds

Sec. 8505.204. POWER TO ISSUE BONDS. (a) The authority may issue bonds for any corporate purpose in an aggregate principal amount not to exceed $500,000.

(b) The bonds must be authorized by a board resolution.

Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.04, eff. April 1, 2015.

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Last modified: September 28, 2016