Sec. 62.200. SALE OF BONDS. (a) After the bonds have been registered, the chairman of the commission shall offer the bonds for sale and shall sell the bonds on the best terms and for the best price possible. None of the bonds shall be sold for less than face par value and accrued interest.
(b) After money is received from the sale of bonds, it shall be paid to the county treasurer and he shall place 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 62 - Article Xvi, Section 59, Navigation Districts
Section 62.191. Issuance of Navigation Bonds
Section 62.192. Issuance of Additional Bonds
Section 62.194. Order for Bonds and Tax
Section 62.196. Duties of Attorney General
Section 62.197. Registration of Bonds
Section 62.198. Validity of Bonds
Section 62.199. Record of Bonds
Section 62.201. Chairman's Bond
Section 62.202. Taxes; Sinking Fund Investment
Section 62.203. Issuance of Refunding Bonds; Formalities
Section 62.204. Refunding Bonds Sold at Par
Section 62.205. Approval of Refunding Bonds by Attorney General
Section 62.206. Tax Levy for Refunding Bonds
Section 62.207. Authority of Sections 62
Section 62.209. Use of Bond Proceeds for Certain Acquisitions of Certain Districts