Tex. Gov't Code § 1331.053
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
To receive competitive bids on the interest rate paid and the amount of the premium, the governing body of a municipality the charter of which requires that municipal bonds be advertised for sale after the bonds have been authorized and issued must advertise the bonds for sale and receive bids for the sale before adopting an ordinance authorizing the issuance of the bonds.
Tex. Gov't. Code § 1331.053