The district may exchange bonds, including refunding bonds:(1) for property acquired by purchase; or(2) in payment of the contract price of work performed or materials or services provided for the use and benefit of the district. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.
Texas Legal Code