Sec. 1477.402. AUTHORITY TO BORROW. (a) The county may borrow money under this subchapter from any source.
(b) The total combined principal amount borrowed under this subchapter may not exceed $200,000.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1477 - Obligations for Other County Purposes
Subchapter I. Obligations in Counties With Population of Less Than 8,600
Section 1477.401. Applicability of Subchapter
Section 1477.402. Authority to Borrow
Section 1477.403. Authority to Issue Obligations
Section 1477.404. Authority to Impose and Pledge Taxes and Revenues