Exchanging Bonds For Property Or Work

Sec. 7803.208. EXCHANGING BONDS FOR PROPERTY OR WORK. The district may exchange bonds: (1) for property acquired by purchase; or (2) in payment of the contract price of work performed for the use and benefit of the district. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.02, eff. April 1, 2015. SUBCHAPTER F. DEFINED AREAS