Sec. 5010.0406. AUTHORITY TO BORROW MONEY FOR CURRENT EXPENSES; EVIDENCE OF OBLIGATION. (a) The district may: (1) borrow money for current expenses; and (2) evidence the borrowed money by warrants. (b) The amount of the warrants may not exceed the anticipated revenue. Added by Acts 2019, 86th Leg., R.S., Ch. 495 (H.B. 4666), Sec. 1, eff. September 1, 2019.
Authority To Borrow Money For Current Expenses; Evidence of Obligation
Tex. Special District Local Laws Code § 5010.0406, under Chapter 5010. Port of Beaumont Navigation District of Jefferson County, Texas.
Tex. Special District Local Laws Code § 5010.0406