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Current as of April 14, 2021 | Updated by FindLaw Staff
(a) The authority may:
(1) borrow money or accept a grant or donation for its corporate purposes from any person, including a private source, the United States, this state, or a local government; and
(2) enter into an agreement in connection with a loan, grant, or donation accepted under Subdivision (1).
(b) The source of money accepted by the authority is public information. (Acts 69th Leg., 1st C.S., Ch. 3, Sec. 42.)
Cite this article: FindLaw.com - Texas Special District Local Laws Code - SDLL § 8508.0251. Loans and Grants - last updated April 14, 2021 | https://codes.findlaw.com/tx/special-district-local-laws-code/sdll-sect-8508-0251/
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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