Tex. Health & Safety Code § 772.526 · Subchapter G. REGIONAL EMERGENCY COMMUNICATIONS DISTRICTS: STATE PLANNING REGION WITH POPULATION OVER 1.5 MILLION
FORM OF BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A district may issue bonds in various series or issues.
(b) Bonds may mature serially or otherwise not more than 25 years after the bonds' date of issuance. Bonds shall bear interest at any rate permitted by state law.
(c) A district's bonds and interest coupons:
(1) are investment securities under Chapter 8, Business & Commerce Code;
(2) may be issued registrable as to principal or to both principal and interest; and
(3) may be made redeemable before maturity or contain a mandatory redemption provision at the option of the district.
(d) A district may issue bonds in the form, denomination, and manner and under the terms and conditions provided by the board in the resolution authorizing the bonds' issuance. The bonds must be signed and executed as provided by the board in the resolution.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 552 (S.B. 628), Sec. 1, eff. September 1, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.772.htm
- Text hash
- sha256 b888eeb2fe7ffb9487140b93b78f131e8a1b9bb8bb068c973f83a97b39e62666
- 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
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Business & Commerce Code
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