Tex. Gov't Code § 1207.023 · Subchapter B. ADVANCE REFUNDING PROCEDURES

AMOUNT OF PRINCIPAL.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

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.

Notes and commentary — not statutory text

History

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1207.htm
Text hash: sha256 c716d228d282fdc8fa7c930b6afb2b6e1c98fac36dbb7963a84949c4bba6c82e
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

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.