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Texas Local Government Code - LOC GOV'T § 351.149. Issuance of Bonds

Current as of January 01, 2024 | Updated by Findlaw Staff

The board may issue and sell bonds in the name of the district to acquire land to erect a jail facility and to construct, acquire, or improve a jail facility. The bond proceeds may be used to pay or establish a reasonable reserve to pay not more than three years' interest on the bonds and notes of the district and to pay expenses related to issuance and sale of bonds as provided by the bond orders or resolutions.

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Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 351.149. Issuance of Bonds - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-351-149/

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