Texas Water Code § 56.209 Use Of Unsold Bonds For Maintenance Purposes

Sec. 56.209. USE OF UNSOLD BONDS FOR MAINTENANCE PURPOSES. If any bonds remain unsold which are not required to complete improvements, the board may enter its consent on the public record to sell the bonds and place the proceeds in the construction and maintenance fund for use in accomplishing the purposes stated in Section 56.242 of this code.

Acts 1971, 62nd Leg., p. 517, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 2001, 77th Leg., ch. 298, Sec. 10, eff. Sept. 1, 2001.

Section: Previous  56.182  56.201  56.202  56.203  56.204  56.205  56.207  56.209  56.210  56.211  56.212  56.213  56.241  56.242  56.247  Next

Last modified: September 28, 2016