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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.

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Last modified: August 10, 2007