{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8506.209","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8506.209","heading":"POWER OF AUTHORITY TO PURCHASE BONDS ISSUED BY AUTHORITY.","body":"(a) Using any money available for the purpose, the authority may purchase bonds issued by it at a price not exceeding the redemption price applicable at the time of purchase, or, if the bonds are not redeemable, at a price not exceeding the principal amount of the bonds plus accrued interest.\n(b) All bonds purchased under this section shall be canceled, and bonds may not be issued in lieu of those bonds.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.05, eff. April 1, 2017.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE G. RIVER AUTHORITIES","CHAPTER 8506. UPPER COLORADO RIVER AUTHORITY","SUBCHAPTER E. OBLIGATIONS RELATING TO BORROWED MONEY OR GRANTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8506.htm#8506.209","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"2cf7a08a4fb1fe5dad16c7d014619ef39360f78be7c5de9d4747c828c3379559","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8506.208","next":"us-tx/tex.-special-district-local-laws-code-8506.210"},"notice":"GroundRules: Original legal text. Not legal advice."}