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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Special District Local Laws Code § 21.408: REFUNDING BONDS.

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Where this section sits in the code
  1. SPECIAL DISTRICT LOCAL LAWS CODE
  2. TITLE 2. ENVIRONMENT AND SANITATION
  3. SUBTITLE A. SOLID WASTE MANAGEMENT
  4. CHAPTER 21. UPPER SABINE VALLEY SOLID WASTE MANAGEMENT DISTRICT
  5. SUBCHAPTER I. BONDS

(a) The board may issue refunding bonds to refund outstanding indebtedness issued or assumed by the district.

(b) A refunding bond may be:

(1) sold, with the proceeds of the refunding bond applied to the payment of the bonds to be refunded; or

(2) exchanged wholly or partly for not less than a similar principal amount of outstanding indebtedness.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.01, eff. April 1, 2009.

Collected 2026-08-27T01:47:41Z. Source file · JSON

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