CONTRACT TERMS.
Tex. SPEC. DIST. LOCAL LAWS Code § 3897.202.
in effect(a) In this section, "note" includes a bond anticipation note.
(b) A contract the district enters into to carry out a purpose of this chapter may be on any terms and for any period the board determines, including an obligation to issue a negotiable or nonnegotiable note or warrant payable to a municipality, a county, or any other person for the payment or reimbursement of any district costs.
Added by Acts 2011, 82nd Leg., R.S., Ch. 656 (S.B. 1184 ), Sec. 1, eff. June 17, 2011.
