Texas Administrative Code
Title 40 - SOCIAL SERVICES AND ASSISTANCE
Part 5 - TEXAS VETERANS LAND BOARD
Chapter 176 - VETERANS HOMES
Section 176.3 - Sale of Bonds

Universal Citation: 40 TX Admin Code ยง 176.3
Current through Reg. 49, No. 12; March 22, 2024

The procedure for the issuance and sale of bonds will be set by resolution of the Board. The chairman and the executive secretary of the Board are authorized to work with the bond counsel and financial advisor selected by the Board in ascertaining the elements of security permissible under the law, maturities, option provisions, paying agency provisions, and all other matters pertaining to the bonds which affect the bonds' acceptability in the market, to the end that such elements may be incorporated into the bonds and resolution. The chairman, executive secretary of the Board, and bond counsel will prepare a draft of the official notice of sale of bonds. After the notice of sale is approved, it will be published, either in full or abbreviated form, in the manner prescribed by law. The Board has the right to reject any and all bids received.

Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.