Untitled Texas Attorney General Opinion

A Opinionconstruingand~holding: 1. That a commissionerscourt,doesnot have the authorityto enter into an agrementeitherin or out of court to acoept refundingbonds bearinga lower rate of interestin lieu of bonds held in the PermanentSchool B&d of the county. 2. That a commissioners'court-doesnot hare the authorityto enter into an agremsnteitherin or out of aourt to acaept a discountof past due interestaocruedon bonds held in the PermanentSchoolFund of the county. July 14, 1939 HonorableE. A. I'Wxon GountyAttorney Crosbycounty Crosbyton,Texas Dear Sir1 Opinioa hb. O-909 Rer 'duthorityof a…