Sec. 1475.007. ISSUANCE OF BONDS AND WARRANTS; USE OF PROCEEDS. (a) A bond or warrant issued under this subchapter shall be:
(1) issued in the name of the county;
(2) signed by the county judge; and
(3) attested by the county clerk under the seal of the commissioners court.
(b) The commissioners court shall sell the bond or warrant on the best terms possible.
(c) All money received from the sale of the bond or warrant shall be paid to the county treasurer. The county treasurer shall:
(1) deposit the money to the credit of the county's navigation fund account; and
(2) pay out the money on warrants in the manner that other county funds are disbursed.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
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