Sec. 8508.0251. LOANS AND GRANTS. (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.
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.03, eff. April 1, 2021.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle G - River Authorities
Chapter 8508 - Sulphur River Basin Authority
Subchapter F. Obligations Relating to Borrowed Money or Grants
Section 8508.0251. Loans and Grants
Section 8508.0253. Power to Issue Bonds or Other Obligations
Section 8508.0254. Refunding Bonds
Section 8508.0255. Form of Obligations
Section 8508.0257. Trust Indenture
Section 8508.0258. Additional Obligations
Section 8508.0259. Additional Provisions in Resolution Authorizing Obligations or Trust Indenture