Authority To Borrow Money and Issue Bonds

Tex. Special District Local Laws Code § 6906.152, under Coryell City Water Supply District.

Tex. Special District Local Laws Code § 6906.152

Sec. 6906.152. AUTHORITY TO BORROW MONEY AND ISSUE BONDS. The district, in the manner and to the extent permitted by this chapter, may: (1) borrow money for any of its corporate purposes; (2) enter into agreements in connection with the borrowing; (3) issue its bonds for money borrowed; (4) provide for and secure the payment of its bonds; and (5) provide for the rights of the holders of its bonds. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.