Tex. Spec. Dist. Local Laws Code Section 1047.206
Tax to Pay Refunding Bonds


(a)

Before refunding bonds authorized by Section 1047.204 (Refunding Bonds) are delivered, the board shall impose a sufficient tax to pay the principal of and interest on the bonds.

(b)

The refunding of any bonds does not affect any taxes already due.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Section 1047.206 — Tax to Pay Refunding Bonds, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1047.­htm#1047.­206 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 1047.206’s source at texas​.gov