Tex. Spec. Dists. Code § 5012.0204
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The proceeds of sale of authority bonds shall be deposited in one or more banks or trust companies, and shall be paid out according to the terms on which the authority and the purchasers of the bonds agree.
Tex. Spec. Dist. Loc. Laws § 5012.0204