Loans and Grants

Tex. Special District Local Laws Code § 8510.0502, under Red River Authority of Texas.

Tex. Special District Local Laws Code § 8510.0502

Sec. 8510.0502. LOANS AND GRANTS. The authority may: (1) borrow money for its corporate purposes; and (2) borrow money or accept a grant from the United States, this state, or any other source, and in connection with the loan or grant, enter into any agreement or assume any obligation as may be required. Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.