Tex. Water Code § 20.072
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If the board agrees to purchase political subdivision bonds from the development board that have not been purchased by the development board at the time of the agreement, the board may pay the purchase price for those bonds in exchange for the agreement of the development board to transfer those bonds to the board at the time the development board acquires them.
Tex. Water Code § 20.072