Tex. Transp. Code § 364.049 · Subchapter C. BONDS AND FINANCES
SALE OR EXCHANGE OF BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A bond issued under this chapter may be:
(1) sold for cash at a public or private sale at a price determined by the commissioners court;
(2) issued on terms determined by the commissioners court in exchange for property of any kind or an interest in property of any kind, as the commissioners court determines is necessary and proper to accomplish a purpose of this chapter; or
(3) issued in exchange for a bond of the same issue, matured or unmatured, in the same principal amount.
Notes and commentary — not statutory text
History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.364.htm
- Text hash
- sha256 2dd4ad9f828fae4a463083272dae83f605423f9f5ebda44b34700cda9d510cd6
- 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.