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Texas Water Code - WATER § 58.391. Authority to Borrow Money

Current as of January 01, 2024 | Updated by Findlaw Staff

The board may declare that funds are not available to meet lawfully authorized obligations of the district, thereby creating an existing emergency, and may borrow money at a rate of not more than 10 percent a year on notes of the district to pay obligations.

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Cite this article: FindLaw.com - Texas Water Code - WATER § 58.391. Authority to Borrow Money - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-58-391/

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