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.
Tex. Gov't Code § 1474.104
EXCHANGING BONDS FOR PROPERTY OR WORK
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.