The authority may:
(1) borrow money from any source, including an agency of the United States; and
(2) issue a note, warrant, certificate of indebtedness, or other form of obligation of the authority as evidence of the borrowed money.
Tex. Spec. Dist. Local Laws Code § 8501.251
POWER TO BORROW MONEY; EVIDENCE OF OBLIGATION
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.