Texas Statutes

§ 307.044 — REFUNDING REVENUE BONDS.

Texas § 307.044
JurisdictionTexas
Code LGLocal Government Code

This text of Texas § 307.044 (REFUNDING REVENUE 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. Local Government Code Code Ann. § 307.044 (2026).

Text

Sec. 307.044. REFUNDING REVENUE BONDS.

(a)The governing body of the municipality may provide by ordinance for the issuance of revenue refunding bonds for the purpose of refunding outstanding revenue bonds and any accrued interest, interest on past due principal, interest on past due interest, and court judgments pertaining to past due principal and interest.
(b)The issuance of refunding bonds, the maturity dates and other details of the bonds, the rights of bond holders, and the duties and powers of the municipality in regard to the bonds are governed by the provisions of this chapter relating to original revenue bonds to the extent those provisions can be made applicable.
(c)Refunding bonds may bear interest at a rate higher than that borne by the underlying bonds, but may not exceed t

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Legislative History

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.

Nearby Sections

14
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Bluebook (online)
Texas § 307.044, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/307.044.