Texas Auxiliary Water Laws - Article 7868. Bonds: Sale
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Art. 7868. BONDS: SALE. After registration of said bonds by
the Comptroller, the directors shall sell the same on the best terms
and for the best price possible, not less than their face value and
the accrued interest thereon; or they may exchange bonds in payment
of the contract price for work to be done for the use and benefit of
said district. All moneys received from the sale of bonds shall be
forthwith paid to the district depository.
Acts 1918, 35th Leg., 4th C.S., p. 74, ch. 43.
Article: 7861 7862 7863 7864 7865 7866 7867 7868 7869 7870 7871 7877 7879 7880 8280-13
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Last modified: August 10, 2007
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