{"data":{"id":"us-tx/tex.-education-code-53.37","jurisdiction":"us-tx","citation":"Tex. Education Code § 53.37","heading":"JUNIOR LIEN BONDS; PARITY BONDS.","body":"Bonds constituting a junior lien on the net revenue or properties may be issued unless prohibited by the bond resolution or trust indenture. Parity bonds may be issued under conditions specified in the bond resolution or trust indenture.\nActs 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.\nReenacted and amended by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701), Sec. 1, eff. September 1, 2005.","path":["EDUCATION CODE","TITLE 3. HIGHER EDUCATION","SUBTITLE A. HIGHER EDUCATION IN GENERAL","CHAPTER 53. HIGHER EDUCATION FACILITY AUTHORITIES FOR PUBLIC SCHOOLS","SUBCHAPTER C. POWERS AND DUTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.53.htm#53.37","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"09529e619dd96a6f820d2a0ead32c61d7486c9f7cb4dc4ed1589bcfcdacddba5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-53.36","next":"us-tx/tex.-education-code-53.38"},"notice":"GroundRules: Original legal text. Not legal advice."}