Texas Statutes
§ 53.37 — JUNIOR LIEN BONDS; PARITY BONDS.
Texas § 53.37
JurisdictionTexas
Code EDEducation Code
This text of Texas § 53.37 (JUNIOR LIEN BONDS; PARITY BONDS.) 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. § 53.37 (2026).
Text
Sec. 53.37. JUNIOR LIEN BONDS; PARITY BONDS. Bonds constituting a junior lien on the net revenue or properties may be issued unless prohibited by the bond resolution or trust indenture. Parity bonds may be issued under conditions specified in the bond resolution or trust indenture.
Reenacted and amended by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701 ), Sec. 1, eff. September 1, 2005.
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Legislative History
Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.
Nearby Sections
15
§ 53.01
SHORT TITLE.§ 53.02
DEFINITIONS.§ 53.11
CREATION OF AUTHORITY.§ 53.12
TERRITORY.§ 53.13
CORPORATE POWERS.§ 53.131
AUTHORITY'S EARNINGS.§ 53.14
BOARD OF DIRECTORS.§ 53.31
NO TAXING POWER.§ 53.32
NO POWER OF EMINENT DOMAIN.§ 53.331
REFINANCING FACILITIES.§ 53.34
REVENUE BONDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 53.37, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/53.37.