Texas § 1433.068 REFUNDING BONDS.

Texas Statutes

§ 1433.068 — REFUNDING BONDS.

Texas § 1433.068

Code GVGovernment Code

This text of Texas § 1433.068 (REFUNDING 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. Government Code Code Ann. § 1433.068 (2026).

Text

Sec. 1433.068. REFUNDING BONDS.

(a)An issuer by resolution may provide for the issuance of revenue refunding bonds to:

(1)refund any outstanding bonds issued under this chapter; and

(2)construct improvements, extensions, or enlargements to the industrial project or medical project in connection with which the bonds being refunded were issued.

(b)An issuer may issue revenue refunding bonds in exchange for outstanding bonds, notwithstanding Section 1433.065 , or the issuer may use the proceeds from the sale of the revenue refunding bonds to redeem outstanding bonds.

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Sec. 1433.068. REFUNDING BONDS. (a) An issuer by resolution may provide for the issuance of revenue refunding bonds to:
(1) refund any outstanding bonds issued under this chapter; and
(2) construct improvements, extensions, or enlargements to the industrial project or medical project in connection with which the bonds being refunded were issued.
(b) An issuer may issue revenue refunding bonds in exchange for outstanding bonds, notwithstanding Section 1433.065 , or the issuer may use the proceeds from the sale of the revenue refunding bonds to redeem outstanding bonds.