Tex. Water Code § 62.200
This is the official text of Tex. Water Code § 62.200, part of Texas’s Water Code — governs water rights and water resource management.
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§ 62.200. SALE OF BONDS.
Official statutory text
(a) After the bonds have been registered, the chairman of the commission shall offer the bonds for sale and shall sell the bonds on the best terms and for the best price possible. None of the bonds shall be sold for less than face par value and accrued interest.
(b) After money is received from the sale of bonds, it shall be paid to the county treasurer and he shall place it to the credit of the district.
(b) After money is received from the sale of bonds, it shall be paid to the county treasurer and he shall place it to the credit of the district.
Status: in_force · Read it on the official government site
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