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Texas Water Code - WATER § 17.875. Persons Designated to Act as Agents of Board

Current as of April 14, 2021 | Updated by FindLaw Staff

(a) A bond resolution or order may delegate authority to one or more officers, employees, or agents designated by the board to act on behalf of the board during the time bonds are outstanding to:

(1) fix dates, prices, interest rates, and interest payment periods;  and

(2) perform other procedures specified in the resolution.

(b) The person designated by the board may adjust the interest on bonds as necessary to permit the bonds to be sold or resold at par in conjunction with secondary market transactions.

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Cite this article: FindLaw.com - Texas Water Code - WATER § 17.875. Persons Designated to Act as Agents of Board - last updated April 14, 2021 | https://codes.findlaw.com/tx/water-code/water-sect-17-875/

Read this complete Texas Water Code - WATER § 17.875. Persons Designated to Act as Agents of Board on Westlaw

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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