Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Transportation Code § 364.049: SALE OR EXCHANGE OF BONDS.

Where this section sits in the code

TRANSPORTATION CODE
TITLE 6. ROADWAYS
SUBTITLE G. TURNPIKES AND TOLL PROJECTS
CHAPTER 364. TOLL BRIDGES IN COUNTIES BORDERING THE RIO GRANDE
SUBCHAPTER C. BONDS AND FINANCES

A bond issued under this chapter may be:

(1) sold for cash at a public or private sale at a price determined by the commissioners court;

(2) issued on terms determined by the commissioners court in exchange for property of any kind or an interest in property of any kind, as the commissioners court determines is necessary and proper to accomplish a purpose of this chapter; or

(3) issued in exchange for a bond of the same issue, matured or unmatured, in the same principal amount.

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Collected 2026-08-27T01:47:44Z. Source file · JSON

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