Tex. Educ. Code § 55.19 · Subchapter B. REVENUE BONDS AND FACILITIES
REFUNDING BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ED/htm/ED.55.htm
- Text hash
- sha256 05f3aa5e31bce9d20c53de370c1fe9c6f1df6d40eb9c3032b7cca6aaec9ff0e5
- 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
Cited by 6 provisions
Provisions in this library whose text cites Tex. Educ. Code § 55.19. Each shows the citation as that text prints it.
Education Code
- Tex. Educ. Code § 55.13AUTHORITY TO ISSUE REVENUE BONDS.Printed as Section 55.19
- Tex. Educ. Code § 55.17PLEDGES; PARIETAL RULES; TYPES OF FEES; ADDITIONAL PLEDGE OF RESOURCES; ACQUISITION, ETC. OF PROPERTY; REVENUE BONDS.Printed as Sections 55.13, 55.14, 55.17, and 55.19
- Tex. Educ. Code § 55.1713THE TEXAS A&M UNIVERSITY SYSTEM.Printed as Sections 55.13, 55.14, 55.17, 55.171, 55.1711, 55.1712, and 55.19
- Tex. Educ. Code § 55.1714THE UNIVERSITY OF TEXAS SYSTEM.Printed as Sections 55.13, 55.14, 55.17, 55.172, and 55.19
- Tex. Educ. Code § 55.1715THE UNIVERSITY OF HOUSTON SYSTEM.Printed as Sections 55.13, 55.14, 55.17, 55.171, and 55.19
- Tex. Educ. Code § 55.1716TEXAS STATE UNIVERSITY SYSTEM.Printed as Sections 55.13, 55.14, 55.17, and 55.19
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.