Texas Special District Local Laws Code § 9053.202 Exchanging Bonds For Property Or Work

Sec. 9053.202. EXCHANGING BONDS FOR PROPERTY OR WORK. The district may exchange bonds, including refunding bonds:

(1) for property acquired by purchase; or

(2) in payment of the contract price of work performed or materials or services provided for the use and benefit of the district.

Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.

Text of section effective on April 01, 2017

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Last modified: September 28, 2016