The district, in the manner and to the extent permitted by this chapter, may:
- (1) borrow money for any of its corporate purposes;
- (2) enter into agreements in connection with the borrowing;
- (3) issue its bonds for money borrowed;
- (4) provide for and secure the payment of its bonds; and
- (5) provide for the rights of the holders of its bonds.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.