Tex. Educ. Code § 45.058

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 45.058 - Notice of Default

Immediately following a determination that a school district or charter district will be or is unable to pay maturing or matured principal or interest on a guaranteed bond, but not later than the fifth day before maturity date, the school district or charter district shall notify the commissioner.

Tex. Educ. Code § 45.058

Amended by Acts 2011, 82nd Leg., 1st C.S., Ch. 4, Sec. 59.11, eff. 9/28/2011.
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. 5/30/1995.