Texas A.G. Paxton and Normangee ISD Announce Settlement With UBS to Compensate School District Over State Pro-Energy Law
May 13, 2023
May 13, 2023
AUSTIN, Texas, May 13 -- Texas Attorney General Ken Paxton issued the following news release:
Attorney General Paxton and Normangee Independent School District ("Normangee ISD") announced a settlement with UBS in the amount of $850,000. The settlement resulted from the company's inability to underwrite Normangee ISD's bonds under the terms of a Texas law known as "SB 13," which stipulates the terms on which certain companies can do business with state governmenta . . .
Attorney General Paxton and Normangee Independent School District ("Normangee ISD") announced a settlement with UBS in the amount of $850,000. The settlement resulted from the company's inability to underwrite Normangee ISD's bonds under the terms of a Texas law known as "SB 13," which stipulates the terms on which certain companies can do business with state governmenta . . .