Texas Code § 1474.105

SALE OR EXCHANGE OF BONDS AND NOTES; DELIVERY OF PROCEEDS
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Sec. 1474.105. SALE OR EXCHANGE OF BONDS AND NOTES; DELIVERY OF PROCEEDS. (a) The commissioners court shall sell or exchange the bonds or notes issued under this chapter on the best terms.
(b) When the bonds or notes are sold, the proceeds shall immediately be delivered to the county treasurer.

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