Texas Statutes
§ 55.514 — SALE OF BONDS.
Texas § 55.514
JurisdictionTexas
Code WAWater Code
This text of Texas § 55.514 (SALE OF BONDS.) 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. Water Code Code Ann. § 55.514 (2026).
Text
Sec. 55.514. SALE OF BONDS.
(a)After the bonds are issued and registered by the comptroller, the board shall offer the bonds for sale and shall sell them on the best terms and for the best possible price.
(b)After all the bonds are sold, the board shall pay to the district depository all money received from the sale.
(c)The board may exchange the bonds for property to be acquired by purchase under contract or in payment of the contract price for work to be done for the use and benefit of the district.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Acts 1971, 62nd Leg., p. 469, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Nearby Sections
15
§ 55.001
DEFINITIONS.§ 55.021
CREATION OF DISTRICT.§ 55.024
PETITION.§ 55.025
DATE SET FOR HEARING.§ 55.026
NOTICE OF HEARING.§ 55.027
HEARING.§ 55.028
FINDINGS; ORDER.§ 55.029
APPEAL.§ 55.031
VOTING PRECINCTS.§ 55.032
ELECTION OFFICIALS.§ 55.037
DIRECTORS.§ 55.038
ISSUANCE OF NOTES.§ 55.039
RECORDATION OF ORDER.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 55.514, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/55.514.