Text of section effective on April 01, 2023
Sec. 8510.0502. LOANS AND GRANTS. The authority may:
(1) borrow money for its corporate purposes; and
(2) borrow money or accept a grant from the United States, this state, or any other source, and in connection with the loan or grant, enter into any agreement or assume any obligation as may be required.
Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle G - River Authorities
Chapter 8510 - Red River Authority of Texas
Subchapter E. Borrowed Money or Grants
Section 8510.0501. Power to Issue Obligations or Warrants
Section 8510.0502. Loans and Grants
Section 8510.0503. Power to Seek and Accept Contributions
Section 8510.0504. Power to Issue Bonds
Section 8510.0505. Form of Bonds
Section 8510.0507. Bonds Payable From Revenue
Section 8510.0508. Compensation Rates
Section 8510.0509. Additional Security
Section 8510.0510. Use of Bond Proceeds