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. 1474.105. SALE OR EXCHANGE OF BONDS AND NOTES; DELIVERY OF PROCEEDS
Latest version.
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(a) The commissioners court shall sell or exchange the bonds or notes issued under this chapter on the best terms.
(b) When the bonds or notes are sold, the proceeds shall immediately be delivered to the county treasurer.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.