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Texas Education Code - EDUC § 45.060. Bonds Not Accelerated on Default

Current as of January 01, 2024 | Updated by Findlaw Staff

If a school district or charter district fails to pay principal or interest on a guaranteed bond when it matures, other amounts not yet mature are not accelerated and do not become due by virtue of the school district's or charter district's default.

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Cite this article: FindLaw.com - Texas Education Code - EDUC § 45.060. Bonds Not Accelerated on Default - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-45-060/

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