GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Education Code § 45.258: NOTICE OF FAILURE OR INABILITY TO PAY.

Read at publisher ↗
Where this section sits in the code
  1. EDUCATION CODE
  2. TITLE 2. PUBLIC EDUCATION
  3. SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT
  4. CHAPTER 45. SCHOOL DISTRICT FUNDS
  5. SUBCHAPTER I. INTERCEPT PROGRAM TO PROVIDE CREDIT ENHANCEMENT FOR BONDS

Immediately following a determination that a school district will be or is unable to pay maturing or matured principal or interest on a bond for which credit enhancement is provided under this subchapter, but not later than the 10th day before maturity date, the school district shall notify the commissioner.

Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.

Collected 2026-08-27T01:47:05Z. Source file · JSON

Browse this collection