Sec. 61.234. SALE OF BONDS. (a) After the bonds are registered, the chairman of the commission shall offer them for sale and shall sell the bonds for the best price possible.
(b) Money received from the sale of the bonds shall be paid immediately to the district treasurer, and he shall deposit it to the credit of the district.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 61 - Article Iii, Section 52, Navigation Districts
Subchapter G. Bond and Tax Provisions
Section 61.231. Issuance of Bonds
Section 61.232. Limitation on Bond Issue
Section 61.233. Requisites of Bonds
Section 61.235. Chairman's Bond
Section 61.237. Assessment and Collection of Taxes