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Tex. Gov't Code § 1505.066

SALE OF BONDS

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff

(a) A municipality shall sell bonds issued under this subchapter in the manner and under the terms that the governing body of the municipality considers to be in the best interest of the municipality.

(b) A municipality may make payments under a contract for a project in bonds issued under this subchapter.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.