Texas Statutes

§ 161.016 — FISCAL AGENT.

Texas § 161.016
JurisdictionTexas
Code NRNatural Resources Code

This text of Texas § 161.016 (FISCAL AGENT.) 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. Natural Resources Code Code Ann. § 161.016 (2026).

Text

Sec. 161.016. FISCAL AGENT.

(a)The board may designate the comptroller as the fiscal agent for payment of principal of and interest on the bonds.
(b)The comptroller shall act as fiscal agent without compensation.
(c)In the alternative, the board may employ a private fiscal agent to perform these services and shall pay him adequate compensation.

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Legislative History

Acts 1977, 65th Leg., p. 2656, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 14.16, eff. Sept. 1, 1997.

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Bluebook (online)
Texas § 161.016, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/NR/161.016.