Tex. Water Code § 53.179
This is the official text of Tex. Water Code § 53.179, part of Texas’s Water Code — governs water rights and water resource management.
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§ 53.179. SELLING BONDS.
Official statutory text
After the bonds are registered, the board shall sell them on the best terms and for the best price possible. The board shall promptly pay to the district depository the money received from the sale of the bonds. The district depository shall hold the money for the district.
Status: in_force · Read it on the official government site
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