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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) The district may:
(1) impose a charge for using land, a facility, or a service the district provides;
(2) issue bonds as provided by this subchapter;
(3) borrow money for any corporate purpose or combination of purposes;
(4) loan money;
(5) invest money under its control in an investment permitted by Chapter 2256, Government Code;
(6) select a depositor;
(7) establish a system of accounts for the district; and
(8) set the fiscal year for the district.
(b) The board by rule shall establish the procedure and number of directors' signatures required to disburse or transfer district money.
Cite this article: FindLaw.com - Texas Agriculture Code - AGRIC § 60.101. Miscellaneous Financial Powers and Duties - last updated January 01, 2024 | https://codes.findlaw.com/tx/agriculture-code/agric-sect-60-101/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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