Texas Local Government Code 325.069 – Repayment of Organizational Expenses
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(a) The board may pay all costs and expenses necessarily incurred in the creation and organization of the district, legal fees, and other incidental expenses and may reimburse any person for money advanced for those purposes.
(b) Payments may be made from money obtained from the sale of bonds first issued by the district or other revenues of the district.
Terms Used In Texas Local Government Code 325.069
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005