Texas Statutes
§ 262.046 — JUNIOR LIEN BONDS; PARITY BONDS.
Texas § 262.046
JurisdictionTexas
Code HSHealth and Safety Code
This text of Texas § 262.046 (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. Health and Safety Code Code Ann. § 262.046 (2026).
Text
Sec. 262.046. JUNIOR LIEN BONDS; PARITY BONDS.
(a)Bonds constituting a junior lien on the revenues or properties may be issued unless prohibited by the bond resolution or the trust indenture.
(b)Parity bonds may be issued under conditions specified by the bond resolution or trust indenture.
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Legislative History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Nearby Sections
15
§ 262.001
SHORT TITLE.§ 262.002
DEFINITIONS.§ 262.003
CREATION.§ 262.004
TAX EXEMPTION.§ 262.005
DISSOLUTION.§ 262.011
BOARD OF DIRECTORS.§ 262.013
OFFICERS.§ 262.014
AUTHORITY OF BOARD.§ 262.015
COMPENSATION.§ 262.021
GENERAL POWERS.§ 262.0225
AUTHORITY TO BORROW MONEY.§ 262.023
EMPLOYEES.§ 262.024
MANAGEMENT AGREEMENT.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 262.046, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/HS/262.046.