§ 1087.151 Budget
§ 1087.152 Proposed Budget: Notice and Hearing
§ 1087.153 Fiscal Year
§ 1087.154 Annual Audit
§ 1087.155 Financial Report
§ 1087.156 Depository
§ 1087.157 Investment Restrictions
§ 1087.158 Authority to Borrow Money; Security

Terms Used In Texas Special District Local Laws Code Chapter 1087 > Subchapter D - General Financial Provisions

  • Annual percentage rate: The cost of credit at a yearly rate. It is calculated in a standard way, taking the average compound interest rate over the term of the loan so borrowers can compare loans. Lenders are required by law to disclose a card account's APR. Source: FDIC
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.