Texas § SD.3883.209 - AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS
Full text of Texas The Texas Constitution § SD.3883.209 — AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS, with citation guidance and answers to common questions.
§ SD.3883.209. AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS
AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS. (a) The district may borrow money on terms and conditions as determined by the board. Section 375.205 , Local Government Code, does not apply to a loan, line of credit, or other borrowing from a bank or financial institution secured by revenue other than ad valorem taxes. (b) The district may issue bonds, notes, or other obligations payable wholly or partly from ad valorem taxes, sales and use taxes, assessments, impact fees, revenue, contract payments, grants, or other district money, or any combination of those sources of money, to pay for any authorized district purpose. (c) The limitation on the outstanding principal amount of bonds, notes, and other obligations set forth in Section 49.4645 , Water Code, does not apply to the district. Added by Acts 2009, 81st Leg., R.S., Ch. 885 (S.B. 2531 ), Sec. 1, eff. June 19, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.3883.209
What does The Texas Constitution § SD.3883.209 cover?
Section SD.3883.209 ("AUTHORITY TO BORROW MONEY AND TO ISSUE BONDS") 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 § SD.3883.209?
A common citation format is "The Texas Constitution § SD.3883.209" (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 § SD.3883.209 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.