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Current as of January 01, 2024 | Updated by Findlaw Staff
Refunding bonds for which a deposit is made under this subchapter or Subchapter C may be issued in an additional amount sufficient to:
(1) pay the cost and expense of issuing the bonds; or
(2) finance a debt service reserve, contingency, or other similar fund the issuer considers necessary or advisable.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1207.023. Amount of Principal - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1207-023/
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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