{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1056.204","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1056.204","heading":"REFUNDING BONDS.","body":"(a) Refunding bonds may be issued without an election and 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 outstanding bonds; or\n(2) exchanged wholly or partly for not less than a similar amount of outstanding bonds and the matured but unpaid interest on the bonds.\nAdded by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.01, eff. April 1, 2011.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1056. MARTIN COUNTY HOSPITAL DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1056.htm#1056.204","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"281e7993be8d70bc2503a147ff7e883d2c1dbf72adf66b00368ddda993dae4dd","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1056.2035","next":"us-tx/tex.-special-district-local-laws-code-1056.205"},"notice":"GroundRules: Original legal text. Not legal advice."}