Sec. 8154.202. EXCHANGING BONDS FOR PROPERTY OR WORK  


Latest version.
  • The district may exchange bonds, including refunding bonds:

    (1) for property acquired by purchase; or

    (2) in payment of the contract price of work done or materials or services furnished for the use and benefit of the district.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.10, eff. April 1, 2009.