{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1087.207","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1087.207","heading":"REFUNDING BONDS.","body":"(a) The board may, without an election, issue refunding bonds 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 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1087. RANKIN COUNTY HOSPITAL DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1087.htm#1087.207","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"38f5347543101742b31f70c06a828fdb546a1f7d89fab5d7b83f7aa3604372fd","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1087.206","next":"us-tx/tex.-special-district-local-laws-code-1087.208"},"notice":"GroundRules: Original legal text. Not legal advice."}