{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1019.206","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1019.206","heading":"REFUNDING BONDS.","body":"(a) The board may, without an election, issue refunding bonds in the manner provided by this subchapter to refund outstanding bonds issued or assumed by the district.\n(b) A refunding bond may be:\n(1) sold, with the proceeds of the refunding bond applied to the payment of the bonds to be refunded; or\n(2) exchanged wholly or partly for not less than a similar amount of outstanding bonds and the unpaid matured interest on the bonds.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1019. DARROUZETT HOSPITAL DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1019.htm#1019.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"e0e2be452120a7099e089942003d9803b9376d01e68a1d6ed8d893e00cbbae9f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1019.205","next":"us-tx/tex.-special-district-local-laws-code-1019.251"},"notice":"GroundRules: Original legal text. Not legal advice."}