Texas § 772.526 FORM OF BONDS.

Texas Statutes

§ 772.526 — FORM OF BONDS.

Texas § 772.526

Code HSHealth and Safety Code

This text of Texas § 772.526 (FORM OF 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. § 772.526 (2026).

Text

Sec. 772.526. FORM OF BONDS.

(a)A district may issue bonds in various series or issues.

(b)Bonds may mature serially or otherwise not more than 25 years after the bonds' date of issuance. Bonds shall bear interest at any rate permitted by state law.

(c)A district's bonds and interest coupons:

(1)are investment securities under Chapter 8 , Business & Commerce Code;

(2)may be issued registrable as to principal or to both principal and interest; and

(3)may be made redeemable before maturity or contain a mandatory redemption provision at the option of the district.

(d)A district may issue bonds in the form, denomination, and manner and under the terms and conditions provided by the board in the resolution authorizing the bonds' issuance. The bonds must be signed and executed as provided

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Sec. 772.526. FORM OF BONDS. (a) A district may issue bonds in various series or issues.
(b) Bonds may mature serially or otherwise not more than 25 years after the bonds' date of issuance. Bonds shall bear interest at any rate permitted by state law.
(c) A district's bonds and interest coupons:
(1) are investment securities under Chapter 8 , Business & Commerce Code;
(2) may be issued registrable as to principal or to both principal and interest; and
(3) may be made redeemable before maturity or contain a mandatory redemption provision at the option of the district.
(d) A district may issue bonds in the form, denomination, and manner and under the terms and conditions provided by the board in the resolution authorizing the bonds' issuance. The bonds must be signed and executed as provided by the board in the resolution.