Sec. 56.203. RECORD BOOK FOR BONDS. (a) Before any bonds are issued, the board shall provide a well-bound book in which the board shall keep a record of:
(1) all bonds which have been issued;
(2) the numbers of the bonds;
(3) the amount of the bonds;
(4) the rate of interest on the bonds;
(5) the date of issuance of the bonds;
(6) the date on which the bonds are due;
(7) the place where the bonds are payable;
(8) the amount received for the bonds;
(9) the annual rate of assessment to pay interest on and provide a sinking fund for the bonds; and
(10) the payment of each bond.
(b) The board shall keep the book open at all times for public inspection by district taxpayers and bondholders.
Acts 1971, 62nd Leg., p. 516, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 2001, 77th Leg., ch. 298, Sec. 7, eff. Sept. 1, 2001.
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