Tex. Water Code § 20.104 · Subchapter E. BOND PROCEDURES
PERSONS DESIGNATED TO ACT AS AGENTS OF BOARD.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A bond resolution or order may delegate to one or more officers, employees, or agents designated by the board authority to act on behalf of the board during the time bonds are outstanding to fix dates, prices, interest rates, and interest payment periods and to perform other procedures specified in the resolution.
(b) The person designated by the board may adjust the interest on bonds as necessary to permit the bonds to be sold or resold at par in conjunction with secondary market transactions.
Notes and commentary — not statutory text
History
Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.20.htm
- Text hash
- sha256 adeba9846c6ca3887d6285fe77c54dc85af2da5eec607bc121dc3a4498ccbcbd
- 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.