Texas Statutes
§ 65.508 — SALE OR EXCHANGE OF BONDS.
Texas § 65.508
JurisdictionTexas
Code WAWater Code
This text of Texas § 65.508 (SALE OR EXCHANGE 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. § 65.508 (2026).
Text
Sec. 65.508. SALE OR EXCHANGE OF BONDS.
(a)The board shall sell the bonds on the best terms and for the best possible price, but the bonds may not be sold for less than 95 percent of their face value.
(b)The district may exchange bonds for property acquired by purchase or in payment of the contract price of work done or services performed for the use and benefit of the district.
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Legislative History
Added by Acts 1983, 68th Leg., p. 2448, ch. 435, Sec. 4, eff. Aug. 29, 1983. Amended by Acts 1985, 69th Leg., ch. 447, Sec. 1, eff. Nov. 15, 1985.
Nearby Sections
15
§ 65.001
DEFINITIONS.§ 65.011
CREATION OF DISTRICT.§ 65.012
PURPOSES OF DISTRICT.§ 65.013
COMPOSITION OF DISTRICT.§ 65.015
CONTENTS OF RESOLUTION.§ 65.016
CONSENT OF CITY.§ 65.020
HEARING.§ 65.022
TEMPORARY DIRECTORS.§ 65.023
APPEAL FROM ORDER OF COMMISSION.§ 65.101
BOARD OF DIRECTORS.§ 65.102
QUALIFICATIONS FOR DIRECTORS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 65.508, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/65.508.