The district, in the manner and to the extent permitted by this chapter, may:(1) borrow money for any of its corporate purposes;(2) enter into agreements in connection with the borrowing;(3) issue its bonds for money borrowed;(4) provide for and secure the payment of its bonds; and(5) provide for the rights of the holders of its bonds. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.
Texas Legal Code