{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1061.208","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1061.208","heading":"REFUNDING BONDS.","body":"(a) The board may, without an election, issue refunding bonds to refund outstanding indebtedness issued or assumed by the district.\n(b) Refunding bonds may be:\n(1) sold, with the proceeds of the refunding bonds applied to the payment of the outstanding indebtedness; or\n(2) exchanged wholly or partly for not less than a like principal amount of outstanding indebtedness.\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 1061. MIDLAND COUNTY HOSPITAL DISTRICT OF MIDLAND COUNTY, TEXAS","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1061.htm#1061.208","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"cc2632e5c9c440bbfc190b0981db6ed70a0c597985b8812fa05608143124b4b2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1061.207","next":"us-tx/tex.-special-district-local-laws-code-1061.209"},"notice":"GroundRules: Original legal text. Not legal advice."}