Texas Statutes
§ 45.060 — BONDS NOT ACCELERATED ON DEFAULT.
Texas § 45.060
JurisdictionTexas
Code EDEducation Code
This text of Texas § 45.060 (BONDS NOT ACCELERATED ON DEFAULT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Education Code Code Ann. § 45.060 (2026).
Text
Sec. 45.060. BONDS NOT ACCELERATED ON DEFAULT. If a school district or charter district fails to pay principal or interest on a guaranteed bond when it matures, other amounts not yet mature are not accelerated and do not become due by virtue of the school district's or charter district's default.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Amended by:
Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1 ), Sec. 59.15, eff. September 28, 2011.
Nearby Sections
15
§ 45.001
BONDS AND BOND TAXES.§ 45.002
MAINTENANCE TAXES.§ 45.0021
RESTRICTION ON MAINTENANCE TAX LEVY.§ 45.003
BOND AND TAX ELECTIONS.§ 45.004
REFUNDING BONDS.§ 45.032
REVENUE BONDS.§ 45.033
RENTALS, RATES, AND CHARGES.§ 45.034
PLEDGE OF REVENUES.§ 45.035
REFUNDING BONDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 45.060, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/45.060.