Texas § SD.8511.0701 - BORROWING MONEY

Full text of Texas The Texas Constitution § SD.8511.0701 — BORROWING MONEY, with citation guidance and answers to common questions.

§ SD.8511.0701. BORROWING MONEY

BORROWING MONEY; 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 any money accepted by the authority is public information, both as to amount and any restrictions placed by the donor on its expenditure. Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530 ), Sec. 1.03, eff. April 1, 2023.

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Frequently Asked Questions About Texas § SD.8511.0701

What does The Texas Constitution § SD.8511.0701 cover?

Section SD.8511.0701 ("BORROWING MONEY") 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.8511.0701?

A common citation format is "The Texas Constitution § SD.8511.0701" (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.8511.0701 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.