Section 3897.202 - Contract Terms(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.Tex. Spec. Dist. Loc. Laws § 3897.202
Added by Acts 2011, 82nd Leg., R.S., Ch. 656, Sec. 1, eff. 6/17/2011.