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Tex. Loc. Gov't Code § 336.302

GENERAL POWER TO ISSUE BONDS

Added by Acts 2005, 79th Leg., Ch. 883 (S.B. 1205), Sec. 2, eff

(a) A district may issue bonds at any time and for any amount it considers necessary or appropriate to acquire, construct, equip, or improve district facilities.

(b) The board by resolution may authorize the issuance of bonds payable solely from revenue.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.