Texas § HS.775.085 - LOAN FOR REAL PROPERTY OR EMERGENCY SERVICES EQUIPMENT
Full text of Texas The Texas Constitution § HS.775.085 — LOAN FOR REAL PROPERTY OR EMERGENCY SERVICES EQUIPMENT, with citation guidance and answers to common questions.
§ HS.775.085. LOAN FOR REAL PROPERTY OR EMERGENCY SERVICES EQUIPMENT
LOAN FOR REAL PROPERTY OR EMERGENCY SERVICES EQUIPMENT. (a) The board, on the behalf of the district, may borrow money and make other financial arrangements to purchase real property or emergency services equipment or construct emergency services facilities in the amount and subject to a rate of interest or other conditions the board considers advisable. (b) To secure a loan under this section, the board may pledge: (1) tax revenues or funds on hand that are not otherwise pledged to pay a debt of the district; or (2) the real property acquired or improved or equipment acquired with the borrowed money. (c) If tax revenues are pledged to pay a loan, the loan must mature not later than the: (1) 10th anniversary of the date the loan is made, if the loan is for equipment; or (2) 20th anniversary of the date the loan is made, if the loan is for real property. (d) Section 775.077 does not apply to a loan secured under this section, including a loan made before the effective date of this subsection. Added by Acts 1999, 76th Leg., ch. 496, Sec. 13, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 1140, Sec. 8, eff. Sept. 1, 2001; Acts 2003, 78th Leg., ch. 235, Sec. 11, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 930, Sec. 9, eff. Sept. 1, 2003. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 639 (S.B. 917 ), Sec. 13, eff. June 17, 2011. SUBCHAPTER F. FIRE MARSHAL
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § HS.775.085
What does The Texas Constitution § HS.775.085 cover?
Section HS.775.085 ("LOAN FOR REAL PROPERTY OR EMERGENCY SERVICES EQUIPMENT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § HS.775.085?
A common citation format is "The Texas Constitution § HS.775.085" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § HS.775.085 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.