{"data":{"id":"us-tx/tex.-local-government-code-254.084","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 254.084","heading":"TERMS OF ISSUANCE OF REVENUE REFUNDING OBLIGATIONS.","body":"(a) Revenue refunding obligations may:\n(1) be combined with new or original revenue obligations into one series or issue;\n(2) be issued to refund obligations of more than one series or issue;\n(3) combine the pledges securing the obligations to be refunded to secure the revenue refunding obligations; or\n(4) be secured by a pledge of other or additional net revenue.\n(b) A revenue refunding obligation may bear interest at a rate higher than that of the obligation to be refunded.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.","path":["LOCAL GOVERNMENT CODE","TITLE 8. ACQUISITION, SALE, OR LEASE OF PROPERTY","SUBTITLE A. MUNICIPAL ACQUISITION, SALE, OR LEASE OF PROPERTY","CHAPTER 254. ACQUISITION AND DEVELOPMENT OF ISLAND PROPERTY","SUBCHAPTER D. REFUNDING OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.254.htm#254.084","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"25a1f4976541253fa832f39df0e7727aeb877f8d04834a6b0361d5e8aec5f8dc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-254.083","next":"us-tx/tex.-local-government-code-254.085"},"notice":"GroundRules: Original legal text. Not legal advice."}