Texas Statutes
Subchapter C. -2. Contracts
Section 3897.202. Contract Terms

Sec. 3897.202. CONTRACT TERMS. (a) In this section, "note" includes a bond anticipation note.
(b) A contract the district enters into to carry out a purpose of this chapter may be on any terms and for any period the board determines, including an obligation to issue a negotiable or nonnegotiable note or warrant payable to a municipality, a county, or any other person for the payment or reimbursement of any district costs.
Added by Acts 2011, 82nd Leg., R.S., Ch. 656 (S.B. 1184), Sec. 1, eff. June 17, 2011.

Structure Texas Statutes