Deviney declined to comment.

The authority’s board members voted to appoint Raymond James Financial Inc. to replace Goldman on the upcoming bond transaction.

That bank is among those filling the breach left by the retreat of some of the biggest underwriters.

Barclays Plc, TD Securities, Stifel Financial Corp. and Wells Fargo & Co. are also among those certifying that that they can keep working in Texas because they don’t have policies targeted by its new laws, according to letters to the state attorney general compiled by the Municipal Advisory Council of Texas, an industry association. The advisory council posted the letters on its website.

This article was provided by Bloomberg News.

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