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

Tex. Transportation Code § 457.252: BOND TERMS.

Where this section sits in the code

TRANSPORTATION CODE
TITLE 6. ROADWAYS
SUBTITLE K. MASS TRANSPORTATION
CHAPTER 457. COUNTY MASS TRANSIT AUTHORITY
SUBCHAPTER F. BONDS

(a) An authority's bonds are fully negotiable.

(b) The authority may make the bonds redeemable before maturity at the price and subject to the terms that are provided in the resolution authorizing the bonds.

(c) A revenue bond indenture may limit a power of the authority provided by this chapter as long as the bond containing the indenture is outstanding and unpaid.

Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.

Collected 2026-08-27T01:47:44Z. Source file · JSON

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