Tex. Educ. Code Section 55.19
Refunding Bonds

Any bonds or notes at any time issued by a board may be refunded or otherwise refinanced by the issuance by the board of refunding bonds for such purpose, under such terms, conditions, and details as may be determined by resolution of the board. All pertinent and appropriate provisions of this subchapter shall be applicable to such refunding bonds, and they shall be issued in the manner provided herein for other bonds authorized under this subchapter; provided that such refunding bonds may be sold and delivered in amounts necessary to pay the principal, interest, and redemption premium, if any, of bonds or notes to be funded or refunded, at maturity or on any redemption date. Also, such refunding bonds may be issued to be exchanged for the bonds or notes being refunded thereby. In the latter case, the Comptroller of Public Accounts of the State of Texas shall register the refunding bonds and deliver the same to the holder or holders of the bonds or notes being refunded thereby, in accordance with the provisions of the resolution authorizing the refunding bonds; and any such exchange may be made in one delivery, or in several installment deliveries. Bonds issued at any time by a board also may be refunded in the manner provided by any other applicable law.
Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.

Source: Section 55.19 — Refunding Bonds, https://statutes.­capitol.­texas.­gov/Docs/ED/htm/ED.­55.­htm#55.­19 (accessed May 4, 2024).

55.01
Definitions 55.02
Systemwide Revenue Financing Program 55.03
Minority-owned and Women-owned Businesses 55.04
Cumulative Effect 55.11
General Authority 55.12
Contracts for Joint Construction 55.13
Authority to Issue Revenue Bonds 55.14
Terms and Conditions 55.15
Disposition of Bond Proceeds 55.16
Board Responsibility 55.17
Pledges 55.18
Bonds Not Obligations of the State 55.19
Refunding Bonds 55.20
Approval and Registration of Bonds 55.21
Bonds Are Authorized Investments and Security for Deposits 55.22
Validation of Bonds and Proceedings 55.23
Cumulative Effect of Subchapter 55.24
Pledges Under Previous Laws to Remain in Effect 55.25
Applicability of Other Law 55.41
Refunding Bonds 55.111
Certain Allocated Funds to Be Designated as Capital Construction Assistance Projects 55.115
High-performance, Sustainable Design, Construction, and Renovation Standards for Certain Facilities 55.165
Oversight of Certain Capital Projects 55.171
Specific Institutions 55.172
The University of Texas--pan American 55.173
The University of Houston System 55.174
Texas Southern University 55.1714
The University of Texas System 55.1715
The University of Houston System 55.1716
Texas State University System 55.1717
University of North Texas and Texas College of Osteopathic Medicine 55.1718
Texas Woman’s University System 55.1722
The University of Texas System 55.1723
The University of Houston System 55.1724
Texas State University System 55.1725
University of North Texas and University of North Texas Health Science Center at Fort Worth 55.1726
Texas Woman’s University System 55.1728
Stephen F 55.1732
The University of Texas System 55.1733
The University of Houston System 55.1734
Texas State University System 55.1735
University of North Texas System 55.1736
Texas Woman’s University System 55.1738
Stephen F 55.1739
Texas Tech University System 55.1742
The University of Texas System 55.1743
The University of Houston System 55.1744
Southwest Texas State University 55.1749
Texas Tech University System 55.1752
The University of Texas System 55.1753
University of Houston System 55.1754
Texas State University System 55.1755
University of North Texas System 55.1756
Texas Woman’s University System 55.1758
Stephen F 55.1759
Texas Tech University System 55.1768
Stephen F 55.1769
Angelo State University 55.1782
The University of Texas System 55.1783
University of Houston System 55.1784
Texas State University System 55.1785
University of North Texas System 55.1786
Texas Woman’s University System 55.1788
Stephen F 55.1789
Texas Tech University System 55.1792
The University of Texas System 55.1793
University of Houston System 55.1794
Texas State University System 55.1795
University of North Texas System 55.1796
Texas Woman’s University 55.1797
Stephen F 55.1798
Texas Tech University System 55.1799
Texas Southern University 55.17391
Texas Southern University 55.17392
Texas State Technical College System 55.17491
Texas Southern University 55.17521
The University of Texas at Dallas: Limitations on Certain Debt Service Reimbursement 55.17591
Texas Southern University 55.17592
Texas State Technical College System 55.17721
The University of Texas Medical Branch at Galveston 55.17891
Texas Southern University 55.17892
Texas State Technical College System 55.17893
Midwestern State University 55.17991
Texas State Technical College System
Green check means up to date. Up to date

Accessed:
May 4, 2024

§ 55.19’s source at texas​.gov