Tex. Gov't Code § 1207.022

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1207.022 - Limitation

An issuer may issue refunding bonds to make a deposit under this subchapter or Subchapter C only in connection with refunding bonds issued to refund obligations that are:

(1) scheduled to mature not later than the 20th anniversary of the date of the refunding bonds; or

(2) subject to redemption before maturity not later than the 20th anniversary of the date of the refunding bonds.

Tex. Gov't. Code § 1207.022

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.

Amended by Acts 1999, 76th Leg., ch. 1064, Sec. 8, eff. 9/1/1999.