(a) The authority may issue bonds for any corporate purpose.
(b) The bonds must be authorized by a board resolution.
POWER TO ISSUE BONDS
Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615), Sec. 1.02, eff
(a) The authority may issue bonds for any corporate purpose.
(b) The bonds must be authorized by a board resolution.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.