Sec. 20.075. CONTRACT FOR OBTAINING COMPLIANCE WITH POLITICAL SUBDIVISION BONDS. The board shall enter into a contract with the development board for the development board to perform the functions required to ensure that the political subdivisions pay the debt service on political subdivision bonds and observe the conditions and requirements set forth in those bonds.
Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 1987.
Structure Texas Statutes
Title 2 - Water Administration
Subtitle C - Water Development
Chapter 20 - Texas Water Resources Finance Authority
Subchapter D. Political Subdivision Bonds
Section 20.071. Purchase of Political Subdivision Bonds
Section 20.072. Acquisition of Certain Development Board Bonds
Section 20.073. Price and Terms of Purchase
Section 20.075. Contract for Obtaining Compliance With Political Subdivision Bonds