Sec. 1232.108. LEGISLATIVE AUTHORIZATION REQUIRED. Except as permitted by Section 1232.1072 , 1232.109 , 2166.452 , or 2166.453 , before the board may issue and sell bonds, the legislature by the General Appropriations Act or other law must have authorized: (1) the specific project for which the bonds are to be issued and sold; and (2) the estimated cost of the project or the maximum amount of bonded indebtedness that may be incurred by the issuance and sale of bonds for the project.
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