Power To Issue Bonds

Tex. Special District Local Laws Code § 8510.0504, under Red River Authority of Texas.

Tex. Special District Local Laws Code § 8510.0504

Sec. 8510.0504. POWER TO ISSUE BONDS. (a) The authority may issue bonds as authorized by this chapter for the purpose of providing money for any purpose authorized by this chapter. (b) The authority, without an election, may issue bonds payable from the authority's revenue pledged by board resolution. (c) The bonds must be authorized by a board resolution. Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.