(a) A municipality shall sell bonds issued under this subchapter in the manner and under the terms that the governing body of the municipality considers to be in the best interest of the municipality.
(b) A municipality may make payments under a contract for a project in bonds issued under this subchapter.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Texas Government Code 1505.066

  • Contract: A legal written agreement that becomes binding when signed.