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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) If, after reasonable effort, the department is unable to sell the bonds, the bonds may be additionally secured by a deed of trust lien on the land and property comprising the park, or any part of it, after the department has obtained written approval of the governor.
(b) The governor may not give his approval under this section until he has obtained the advice and consent of the Legislative Budget Board.
Cite this article: FindLaw.com - Texas Parks and Wildlife Code - PARKS & WILD § 22.031. Additional Security for Bonds - last updated January 01, 2024 | https://codes.findlaw.com/tx/parks-and-wildlife-code/parks-wild-sect-22-031/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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