Tex. Gov't Code Section 1472.005
Exchange or Repayment of Bonds Being Refunded


The commissioners court may:

(1)

exchange bonds issued under this chapter for the bonds being refunded; or

(2)

use the proceeds of bonds issued under this chapter to pay the principal amount of the bonds being refunded and any required redemption premium and cancel those bonds.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source: Section 1472.005 — Exchange or Repayment of Bonds Being Refunded, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­1472.­htm#1472.­005 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 1472.005’s source at texas​.gov