PROHIBITION ON BORROWING, INCURRING OBLIGATIONS, OR PLEDGING CREDIT.

Tex. GOV'T Code § 2304.007.
in effect
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The department may not borrow money, incur monetary obligations, or pledge in any manner the credit or taxing power of the state or a political subdivision of the state. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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