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SB 957, 65th R.S.
Relating to the election of directors; by providing that districts may purchase or acquire works and improvements and enter or award contracts for drainage and similar improvements in sections; by providing for surety bonds for construction contracts; by providing for the deposits of district funds and security therefor; by providing that bond election petitions shall state the maximum rate of interest to be borne by district bonds; by providing for interest during construction on the bonds for not more than two years; by providing for issuance by district of bonds in one or more installments on terms and conditions determined by the board; by providing that bonds be approved by the attorney general prior to delivery; by providing for the sale of bonds after an election and public notice of sale; by providing for the appointment and compensation of persons to assist in selling bonds; by providing for the eligibility of district bonds for certain investments and to secure public funds; by providing for the assessment of district property at percentages determined by the board; by providing for alternative authority for the appointment, duties, and compensation of district officials.

Related House committee minutes

Criminal Jurisprudence, 65th Leg.


Natural Resources, 65th Leg.


Related Senate committee minutes

Natural Resources, 65th Leg.


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