DELEGATION OF AUTHORITY
Known as the Texas Public Finance Authority Act
The act spans §§ 1232.001 to 1232.206 (65 sections).
Added by Acts 2001, 77th Leg., ch. 1420, Sec. 8.009(a), eff
(a) The board may delegate authority to negotiate contracts required for issuance of obligations to one or more of its employees or members.
(b) The negotiation of a contract described by Subsection (a), including oral discussions with contractors, is not considered to be a meeting or a deliberation.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.