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Texas Agriculture Code

§ 60.101 — MISCELLANEOUS FINANCIAL POWERS AND DUTIES

AG § 60.101Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 60. TEXAS AGRICULTURAL DEVELOPMENT DISTRICTS · Art. E. FINANCES; BONDS

Statute text

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(a)The district may:
(1)impose a charge for using land, a facility, or a service the district provides;
(2)issue bonds as provided by this subchapter;
(3)borrow money for any corporate purpose or combination of purposes;
(4)loan money;
(5)invest money under its control in an investment permitted by Chapter 2256, Government Code;

Legislative history

Added by Acts 2001, 77th Leg., ch. 1393, Sec. 1, eff. June 16, 2001.