Tex. Educ. Code § 53B.35 · Subchapter C. POWERS AND DUTIES
ISSUANCE OF BONDS; PROCEDURE; ETC.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The bonds shall be authorized by resolution adopted by a majority vote of a quorum of the board. Bonds authorized under this section shall be issued in accordance with Chapter 1201, Government Code. The bonds shall mature serially or otherwise in not to exceed 50 years. The rate of interest to be borne by the bonds shall not exceed the maximum rate prescribed by Chapter 1204, Government Code.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701), Sec. 2, eff. September 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.53B.htm
- Text hash
- sha256 3f952d69c9acc31f7b74d5a91f64df3d6bc3f05d9a50934674ccb6332761cc95
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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