1,327 chapters · 31,721 sections in this title.
Tex. Special District Local Laws Code § 1031.154 Annual Audit
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Sec. 1031.154. ANNUAL AUDIT. The board annually shall have an independent audit made of the district's books and records for the fiscal year. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Tex. Special District Local Laws Code § 1031.155 Depository Or Treasurer
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Sec. 1031.155. DEPOSITORY OR TREASURER. (a) The board by resolution shall designate a bank or banks as the district's depository or treasurer. A designated bank serves for two years and until a successor is designated. (b) All district money shall be secured in the manner provide…
Tex. Special District Local Laws Code § 1031.156 Authority To Borrow Money; Security
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Sec. 1031.156. AUTHORITY TO BORROW MONEY; SECURITY. (a) The board may borrow money at a rate not to exceed the maximum annual percentage rate allowed by law for district obligations at the time the loan is made. (b) To secure a loan, the board may pledge: (1) district revenue tha…
Tex. Special District Local Laws Code § 1031.201 General Obligation Bonds
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Sec. 1031.201. GENERAL OBLIGATION BONDS. The board may issue general obligation bonds in the name and on the faith and credit of the district to: (1) purchase, construct, acquire, repair, or renovate buildings or improvements; (2) equip buildings or improvements for health care p…