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Current as of January 01, 2024 | Updated by Findlaw Staff
Under the terms and with the security set forth in the proceedings that authorize the issuance of the refunding bonds, a governmental entity may issue refunding bonds:
(1) in combination with new bonds;
(2) with provision for the subsequent issuance of additional parity bonds or subordinate lien bonds; or
(3) both in combination with new bonds and with provision for the subsequent issuance of additional bonds.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1207.004. Combination Issuance - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1207-004/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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