Tex. Spec. Dist. Local Laws Code § 5012.0203 · Subchapter E. BONDS
TERMS OF ISSUANCE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Authority bonds may be:
(1) sold for cash;
(2) issued on terms the commission determines in exchange for any property, or any interest in property, that the commission considers necessary or convenient for the corporate purpose for which the bonds are issued; or
(3) issued in exchange for like principal amounts of other obligations of the authority, whether matured or unmatured.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.01, eff. April 1, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.5012.htm
- Text hash
- sha256 8ccf2e23b4bbe5ebd0636c3b7ce61c80d69741af29da0a903787c7a2c4875f89
- 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.