Sec. 60.179. BORROWING FOR CURRENT EXPENSES. The district may borrow funds and issue warrants to pay current expenses. The warrants issued shall be payable not later than the close of any calendar year for which loans are made and may not exceed in total the anticipated revenue of the district.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Section: Previous 60.172 60.173 60.174 60.175 60.176 60.177 60.178 60.179 60.180 60.181 60.201 60.202 60.203 60.204 60.205 NextLast modified: September 28, 2016