Tex. Gov't Code Section 1207.023
Amount of Principal


Refunding bonds for which a deposit is made under this subchapter or Subchapter C may be issued in an additional amount sufficient to:

(1)

pay the cost and expense of issuing the bonds; or

(2)

finance a debt service reserve, contingency, or other similar fund the issuer considers necessary or advisable.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source: Section 1207.023 — Amount of Principal, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­1207.­htm#1207.­023 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 1207.023’s source at texas​.gov