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Texas Education Code - EDUC § 53B.35. Issuance of Bonds; Procedure; Etc.

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

The bonds shall be authorized by resolution adopted by a majority vote of a quorum of the board. Bonds authorized under this section shall be issued in accordance with Chapter 1201, Government Code. The bonds shall mature serially or otherwise in not to exceed 50 years. The rate of interest to be borne by the bonds shall not exceed the maximum rate prescribed by Chapter 1204, Government Code.

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Cite this article: FindLaw.com - Texas Education Code - EDUC § 53B.35. Issuance of Bonds; Procedure; Etc. - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-53b-35/

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