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

Tex. Water Code § 58.462: SALE OF BONDS.

Where this section sits in the code

WATER CODE
TITLE 4. GENERAL LAW DISTRICTS
CHAPTER 58. IRRIGATION DISTRICTS
SUBCHAPTER J. ISSUANCE OF BONDS

(a) After the bonds are issued by the district, the board shall sell the bonds on the best terms and for the best price possible.

(b) The board shall pay the proceeds from the sale of the bonds to the district depository.

(c) The district may exchange bonds for property acquired by purchase or to pay the contract price of work done for the use and benefit of the district.

Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.

Collected 2026-08-27T01:47:48Z. Source file · JSON

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