The board shall sell the bonds only after competitive bidding to the highest and best bidder. The board may reject any or all bids.
Official text of the Texas Water Code as published by the Texas Legislative Council.
Water Code › Title 2 › Chapter 17 › Subchapter B
Texas Water Code § 17.020
Competitive Bids
Public Funding · Water Development Bonds
Legislative history
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977; Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987.