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Texas Water Code - WATER § 62.200. Sale of Bonds

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

(a) After the bonds have been registered, the chairman of the commission shall offer the bonds for sale and shall sell the bonds on the best terms and for the best price possible. None of the bonds shall be sold for less than face par value and accrued interest.

(b) After money is received from the sale of bonds, it shall be paid to the county treasurer and he shall place it to the credit of the district.

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Cite this article: FindLaw.com - Texas Water Code - WATER § 62.200. Sale of Bonds - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-62-200/

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