Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle I. SPECIFIC AUTHORITY FOR COUNTIES TO ISSUE SECURITIES |
Chapter 1474. BONDS FOR COUNTY WATER IMPROVEMENTS |
Subchapter C. LIMITATIONS AND PROCEDURES |
Sec. 1474.104. EXCHANGING BONDS FOR PROPERTY OR WORK
Latest version.
-
The commissioners court may exchange bonds issued under this chapter:
(1) for property; or
(2) in payment of the contract price for work to be done in the construction of the improvements.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.