Tex. Water Code § 20.104
This is the official text of Tex. Water Code § 20.104, part of Texas’s Water Code — governs water rights and water resource management.
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§ 20.104. PERSONS DESIGNATED TO ACT AS AGENTS OF BOARD.
Official statutory text
(a) A bond resolution or order may delegate to one or more officers, employees, or agents designated by the board authority to act on behalf of the board during the time bonds are outstanding to fix dates, prices, interest rates, and interest payment periods and to perform other procedures specified in the resolution.
(b) The person designated by the board may adjust the interest on bonds as necessary to permit the bonds to be sold or resold at par in conjunction with secondary market transactions.
(b) The person designated by the board may adjust the interest on bonds as necessary to permit the bonds to be sold or resold at par in conjunction with secondary market transactions.
Status: in_force · Read it on the official government site
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