{"data":{"id":"us-tx/tex.-education-code-45.258","jurisdiction":"us-tx","citation":"Tex. Education Code § 45.258","heading":"NOTICE OF FAILURE OR INABILITY TO PAY.","body":"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.\nAdded by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.","path":["EDUCATION CODE","TITLE 2. PUBLIC EDUCATION","SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT","CHAPTER 45. SCHOOL DISTRICT FUNDS","SUBCHAPTER I. INTERCEPT PROGRAM TO PROVIDE CREDIT ENHANCEMENT FOR BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.45.htm#45.258","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"f7da3d3fbcdd8f71a808e7b4f65f0d946b5bc4d97d24b34f7d7f52600890e685","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-45.257","next":"us-tx/tex.-education-code-45.259"},"notice":"GroundRules: Original legal text. Not legal advice."}
