{"data":{"id":"us-tx/tex.-special-district-local-laws-code-5012.0203","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 5012.0203","heading":"TERMS OF ISSUANCE.","body":"Authority bonds may be:\n(1) sold for cash;\n(2) issued on terms the commission determines in exchange for any property, or any interest in property, that the commission considers necessary or convenient for the corporate purpose for which the bonds are issued; or\n(3) issued in exchange for like principal amounts of other obligations of the authority, whether matured or unmatured.\nAdded by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.01, eff. April 1, 2021.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 5. TRANSPORTATION","SUBTITLE A. NAVIGATION DISTRICTS AND PORT AUTHORITIES","CHAPTER 5012. SABINE PASS PORT AUTHORITY","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.5012.htm#5012.0203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"330547d70e5bc25a3622738948f95990958942647704def43b064754de241d0a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-5012.0202","next":"us-tx/tex.-special-district-local-laws-code-5012.0204"},"notice":"GroundRules: Original legal text. Not legal advice."}