Authority To Borrow Money and Issue Bonds

Tex. Special District Local Laws Code § 9092.0501, under Franklin County Water District.

Tex. Special District Local Laws Code § 9092.0501

Sec. 9092.0501. AUTHORITY TO BORROW MONEY AND ISSUE BONDS. The district may borrow money and issue bonds to carry out any power conferred by this chapter, including to provide money to purchase or otherwise provide works, plants, facilities, or appliances necessary to accomplish the purposes authorized by this chapter. Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615), Sec. 1.03, eff. April 1, 2027. Text of section effective on April 01, 2027