Tex. Local Government Code § 392.083
SALE OF BONDS
Texas · Texas Local Government Code · Status: effective
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- Citation
- Tex. Local Government Code § 392.083, SALE OF BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/693771
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Full text
(a) Bonds issued by an authority may be sold either at a public sale after notice is published in accordance with this section or at a private sale. Bonds may be sold at the price or prices determined by the authority but may not be sold at a price that would cause the interest on the bonds to exceed the maximum net effective interest rate established by Chapter 1204, Government Code.
(b) Notice of a public sale of bonds of a housing authority must be published before the fifth day before the date of the sale in a newspaper with general circulation within the boundaries of the authority and in a financial newspaper published in New York, New York.