Tex. Health & Safety Code § 772.527 · Subchapter G. REGIONAL EMERGENCY COMMUNICATIONS DISTRICTS: STATE PLANNING REGION WITH POPULATION OVER 1.5 MILLION
PROVISIONS OF BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "resolution" means a board resolution authorizing the issuance of bonds, including refunding bonds.
(b) In a resolution, the board may:
(1) provide for the flow of funds and the establishment and maintenance of an interest and sinking fund, reserve fund, or other fund; and
(2) make additional covenants with respect to the bonds, the pledged revenues, and the operation and maintenance of any facilities the revenue of which is pledged.
(c) A resolution may:
(1) prohibit the further issuance of bonds or other obligations payable from the pledged revenue; or
(2) reserve the right to issue additional bonds to be secured by a pledge of and payable from the revenue on a parity with or subordinate to the lien and pledge in support of the bonds being issued.
(d) A resolution may contain other provisions and covenants determined by the board.
(e) The board may adopt and have executed any other proceedings or instruments necessary or convenient for issuance of bonds.
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 8dc7681ddf6f51b54f84e62d00090382d57566abb3391bbdd3bdf500075dcbb3
- 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.