Texas Water Code
§ 56.209 — USE OF UNSOLD BONDS FOR MAINTENANCE PURPOSES
WA § 56.209Title 4. GENERAL LAW DISTRICTS · Ch. 56. DRAINAGE DISTRICTS · Art. F. ISSUANCE OF BONDS AND NOTES
Statute text
View on sourceIf 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.
Legislative history
Acts 1971, 62nd Leg., p. 517, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 2001, 77th Leg., ch. 298, Sec. 10, eff. Sept. 1, 2001.