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Texas Education Code - Section 52.15. Competitive Bids

Legal Research Home > Texas Lawyer > Education Code > Texas Education Code - Section 52.15. Competitive Bids

§ 52.15. COMPETITIVE BIDS.  No installment or series of 
bonds may be sold for an amount less than the face value of all the 
bonds comprising the installment or series with accrued interest 
from their date, and all bonds shall be sold after competitive 
bidding to the highest and best bidder.  The board may reject any 
and all bids.

Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, § 1, eff. Sept. 
1, 1971.

Last modified: August 10, 2007