Water Code § 65.508
The board must sell the bonds on the best terms and best possible price, and the bonds cannot be sold for less than 95% of face value. The district may also exchange bonds for certain property or work/services value.
- Jurisdiction
- United States — Texas
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- Code
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- Undated source snapshot
- Language
- en
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bond exchange bond sale
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Water Code § 65.508
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