1232.1026 – ISSUANCE OF BONDS FOR TEXAS BULLION DEPOSITORY
Texas Government Code § 1232.1026
Summary
This law allows the board to issue bonds to finance the construction or acquisition of buildings for the Texas Bullion Depository. It ensures that the funding process is treated similarly to legislative appropriations, facilitating the establishment of secure facilities for bullion storage.
Board can issue bonds for depository buildings.
Funding treated like legislative appropriations.
Includes acquisition of real property for the depository.
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In simple terms: Learn about Texas's ISSUANCE OF BONDS FOR TEXAS BULLION DEPOSITORY law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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