Tex. Aux. Water Laws art. 7868 · Chapter 3. WATER CONTROL AND PRESERVATION DISTRICTS
BONDS: SALE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
After registration of said bonds by the Comptroller, the directors shall sell the same on the best terms and for the best price possible, not less than their face value and the accrued interest thereon; or they may exchange bonds in payment of the contract price for work to be done for the use and benefit of said district. All moneys received from the sale of bonds shall be forthwith paid to the district depository.
Notes and commentary — not statutory text
History
Acts 1918, 35th Leg., 4th C.S., p. 74, ch. 43.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WL/htm/WL.3.htm
- Text hash
- sha256 5a90c3b98f713720e2daaa0bb90b09a3576b4f54877437b753aa7b15e952217f
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.