{"data":{"id":"us-tx/tex.-government-code-1433.068","jurisdiction":"us-tx","citation":"Tex. Government Code § 1433.068","heading":"REFUNDING BONDS.","body":"(a) An issuer by resolution may provide for the issuance of revenue refunding bonds to:\n(1) refund any outstanding bonds issued under this chapter; and\n(2) construct improvements, extensions, or enlargements to the industrial project or medical project in connection with which the bonds being refunded were issued.\n(b) An issuer may issue revenue refunding bonds in exchange for outstanding bonds, notwithstanding Section 1433.065, or the issuer may use the proceeds from the sale of the revenue refunding bonds to redeem outstanding bonds.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE H. SPECIFIC AUTHORITY FOR MORE THAN ONE TYPE OF LOCAL GOVERNMENT TO ISSUE SECURITIES","CHAPTER 1433. BONDS FOR DEVELOPMENT OF EMPLOYMENT, INDUSTRIAL, AND HEALTH RESOURCES","SUBCHAPTER D. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1433.htm#1433.068","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"703c6599facb7bc60b73461356ebe1e0a0d081295ab23ab0fc9b1cc1e362abb0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1433.067","next":"us-tx/tex.-government-code-1433.069"},"notice":"GroundRules: Original legal text. Not legal advice."}