Tex. Labor Code § 203.254
This is the official text of Tex. Labor Code § 203.254, part of Texas’s Labor Code — governs wages, workplace safety, and workers' compensation.
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§ 203.254. ISSUANCE OF BONDS BY AUTHORITY.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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