{"data":{"id":"us-tx/tex.-water-code-17.085","jurisdiction":"us-tx","citation":"Tex. Water Code § 17.085","heading":"SALE OF SECURITIES.","body":"All of the bonds and obligations owned in the interest and sinking fund, in the economically distressed areas interest and sinking fund, or in the development fund are defined as securities. The board may sell securities owned in the interest and sinking fund, in the economically distressed areas interest and sinking fund, or in any account in the development fund at the governing market price.\nAmended by Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987; Acts 1989, 71st Leg., ch. 624, Sec. 2.17.","path":["WATER CODE","TITLE 2. WATER ADMINISTRATION","SUBTITLE C. WATER DEVELOPMENT","CHAPTER 17. PUBLIC FUNDING","SUBCHAPTER C. FUNDING PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.17.htm#17.085","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"6142cf9e4395f20000c2831dd3825bd254feb2ec8db1969f88b3d68244df898f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-17.084","next":"us-tx/tex.-water-code-17.086"},"notice":"GroundRules: Original legal text. Not legal advice."}