If any bonds remain unsold which are not required to complete improvements, the board may enter its consent on the public record to sell the bonds and place the proceeds in the construction and maintenance fund for use in accomplishing the purposes stated in Section 56.242 of this code.
Tex. Water Code § 56.209
USE OF UNSOLD BONDS FOR MAINTENANCE PURPOSES
Acts 1971, 62nd Leg., p. 517, ch. 58, 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.