Texas Water Code
Sec. § 62.200
Sale of Bonds


(a)

After the bonds have been registered, the chairman of the commission shall offer the bonds for sale and shall sell the bonds on the best terms and for the best price possible. None of the bonds shall be sold for less than face par value and accrued interest.

(b)

After money is received from the sale of bonds, it shall be paid to the county treasurer and he shall place it to the credit of the district.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
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Last accessed
Jan. 21, 2020