Sec. 336.308. EXCHANGE OF BONDS FOR EXISTING LIBRARY FACILITIES. A district's revenue bonds may be exchanged, in lieu of cash, for the property of all or part of existing library facilities to be acquired by the district.
Added by Acts 2005, 79th Leg., Ch. 883 (S.B. 1205), Sec. 2, eff. June 17, 2005.
Structure Texas Statutes
Title 10 - Parks and Other Recreational and Cultural Resources
Chapter 336 - Multi-Jurisdictional Library Districts
Section 336.302. General Power to Issue Bonds
Section 336.303. Lead Governmental Entity's Consent Required
Section 336.304. Short-Term Bonds
Section 336.305. Election Required for Certain Bonds Secured by Taxes
Section 336.306. Security Pledged
Section 336.307. Lien on Revenue
Section 336.308. Exchange of Bonds for Existing Library Facilities
Section 336.309. Governmental Entities Not Responsible for District Obligations