Texas § 203.254 ISSUANCE OF BONDS BY AUTHORITY.

Texas Statutes

§ 203.254 — ISSUANCE OF BONDS BY AUTHORITY.

Texas § 203.254

Code LALabor Code

This text of Texas § 203.254 (ISSUANCE OF BONDS BY AUTHORITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Labor Code Code Ann. § 203.254 (2026).

Text

Sec. 203.254. ISSUANCE OF BONDS BY AUTHORITY.

(a)The authority shall issue bonds on request by the commission, in accordance with the requirements of Chapter 1232 , Government Code, and other provisions of Title 9, Government Code, that apply to bond issuance by a state agency.

(b)The authority shall determine the method of sale, type of bond, bond form, maximum interest rates, and other terms of the bonds that, in the authority's judgment, best achieve the economic goals of the commission and effect the borrowing at the lowest practicable cost.

(c)The authority may enter into a credit agreement in connection with the bonds.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 203.254. ISSUANCE OF BONDS BY AUTHORITY. (a) The authority shall issue bonds on request by the commission, in accordance with the requirements of Chapter 1232 , Government Code, and other provisions of Title 9, Government Code, that apply to bond issuance by a state agency.
(b) The authority shall determine the method of sale, type of bond, bond form, maximum interest rates, and other terms of the bonds that, in the authority's judgment, best achieve the economic goals of the commission and effect the borrowing at the lowest practicable cost.
(c) The authority may enter into a credit agreement in connection with the bonds.