EXCHANGING BONDS FOR PROPERTY OR WORK.
Tex. SPEC. DIST. LOCAL LAWS Code § 8515.0504.
in effectThe authority may exchange bonds, including refunding bonds:
(1) for property acquired by purchase; or
(2) in payment of the contract price of work performed or materials or services provided for the authority's use and benefit.
Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615 ), Sec. 1.02, eff. April 1, 2027.
Text of section effective on April 01, 2027
