Texas § SD.8508.0117 - GENERAL CONTRACT POWERS
Full text of Texas The Texas Constitution § SD.8508.0117 — GENERAL CONTRACT POWERS, with citation guidance and answers to common questions.
§ SD.8508.0117. GENERAL CONTRACT POWERS
GENERAL CONTRACT POWERS. (a) The authority may enter into a contract or execute an instrument that is necessary or convenient for the exercise of its powers, rights, duties, and functions or the accomplishment of its purposes. (b) Notwithstanding any other law, the authority may: (1) undertake and carry out an activity that is related to or necessary in carrying out or performing a power or function of the authority; (2) enter into a contract, loan agreement, lease, or installment sales agreement; (3) acquire, purchase, construct, own, operate, maintain, repair, improve, or extend, or loan, lease, sell, or otherwise dispose of, including by such methods as a loan payment, rental, sale, or installment sale, as the parties may agree, any facility, plant, building, structure, equipment, or appliance or property or any interest in property; and (4) use any or all money or proceeds of bonds and other obligations. Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172 ), Sec. 1.03, eff. April 1, 2021.
Frequently Asked Questions About Texas § SD.8508.0117
What does The Texas Constitution § SD.8508.0117 cover?
Section SD.8508.0117 ("GENERAL CONTRACT POWERS") 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.8508.0117?
A common citation format is "The Texas Constitution § SD.8508.0117" (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.8508.0117 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.