{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8506.205","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8506.205","heading":"TERMS OF ISSUANCE.","body":"Authority bonds may be:\n(1) sold for cash;\n(2) issued on terms the board determines in exchange for property of any kind, or any interest in property, that the board considers necessary or convenient for the corporate purpose for which the bonds are issued; or\n(3) issued in exchange for like principal amounts of other obligations of the authority, whether matured or unmatured.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.05, eff. April 1, 2017.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE G. RIVER AUTHORITIES","CHAPTER 8506. UPPER COLORADO RIVER AUTHORITY","SUBCHAPTER E. OBLIGATIONS RELATING TO BORROWED MONEY OR GRANTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8506.htm#8506.205","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"65cf91fdef57f3846473ab0f9e571c58c7f9de040a26a0ab0ef528aea5e62f4d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8506.204","next":"us-tx/tex.-special-district-local-laws-code-8506.206"},"notice":"GroundRules: Original legal text. Not legal advice."}