Authority To Issue Bonds

Tex. Special District Local Laws Code § 9050.201, under Inverness Forest Improvement District.

Tex. Special District Local Laws Code § 9050.201

Sec. 9050.201. AUTHORITY TO ISSUE BONDS. The district may: (1) issue bonds of any kind to carry out any purpose authorized by this chapter; and (2) provide for and make payment for the bonds and for any expense necessarily incurred in connection with the issuance of the bonds. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.