Texas § WA.152.202 - SALE OR EXCHANGE OF OBLIGATIONS
Full text of Texas The Texas Constitution § WA.152.202 — SALE OR EXCHANGE OF OBLIGATIONS, with citation guidance and answers to common questions.
§ WA.152.202. SALE OR EXCHANGE OF OBLIGATIONS
SALE OR EXCHANGE OF OBLIGATIONS. Revenue bonds, notes, or other obligations issued under this subchapter may be: (1) sold for cash at a public or private sale; (2) issued on terms determined by the board of directors of the river authority in exchange for property or an interest in property the board of directors considers necessary or convenient for a purpose described by Section 152.201 ; (3) issued in exchange for other matured or unmatured obligations of the river authority in the same principal amounts; or (4) sold for cash in the amount equal to the principal amount of the obligations to: (A) this state or an agency of this state; (B) the United States; or (C) an agency or corporation created or designated by this state or the United States. Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § WA.152.202
What does The Texas Constitution § WA.152.202 cover?
Section WA.152.202 ("SALE OR EXCHANGE OF OBLIGATIONS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § WA.152.202?
A common citation format is "The Texas Constitution § WA.152.202" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § WA.152.202 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.