Tex. Special District Local Laws Code § 1047.202: CANCELLATION OF BOND.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 3. HEALTH
- SUBTITLE A. HOSPITAL DISTRICTS
- CHAPTER 1047. JASPER HOSPITAL DISTRICT
- SUBCHAPTER E. BONDS
(a) On the payment of interest or for the redemption of district bonds, the depository shall receive and cancel any interest coupon paid or bond discharged.
(b) When the interest coupon or bond is delivered to the board:
(1) the account of the depository shall be credited with the amount of the coupon or bond; and
(2) the coupon or bond shall be canceled and destroyed.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Collected 2026-08-27T01:47:41Z. Source file · JSON