Tex. Water Laws ch. 3, art. 7868
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
After registration of said bonds by the Comptroller, the directors shall sell the same on the best terms and for the best price possible, not less than their face value and the accrued interest thereon; or they may exchange bonds in payment of the contract price for work to be done for the use and benefit of said district. All moneys received from the sale of bonds shall be forthwith paid to the district depository.
Tex. Water Laws ch. 3, art. 7868