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Current as of January 01, 2024 | Updated by Findlaw Staff
The commissioners court may:
(1) exchange bonds issued under this chapter for the bonds being refunded; or
(2) use the proceeds of bonds issued under this chapter to pay the principal amount of the bonds being refunded and any required redemption premium and cancel those bonds.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 1472.005. Exchange or Repayment of Bonds Being Refunded - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-1472-005/
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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