Texas § 1011.206 REFUNDING BONDS.

Texas Statutes

§ 1011.206 — REFUNDING BONDS.

Texas § 1011.206

Code SDSpecial District Local Laws Code

This text of Texas § 1011.206 (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. Special District Local Laws Code Code Ann. § 1011.206 (2026).

Text

Sec. 1011.206. REFUNDING BONDS.

(a)District refunding bonds may be issued without an election and in the manner provided by this subchapter to refund outstanding bonds issued by the district.

(b)A refunding bond may be:

(1)sold, with the proceeds of the refunding bond applied to the payment of the outstanding bonds; or

(2)exchanged wholly or partly for not less than a similar amount of the outstanding bonds and the unpaid matured interest on those bonds. SUBCHAPTER F. TAXES

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 1011.206. REFUNDING BONDS. (a) District refunding bonds may be issued without an election and in the manner provided by this subchapter to refund outstanding bonds issued by the district.
(b) A refunding bond may be:
(1) sold, with the proceeds of the refunding bond applied to the payment of the outstanding bonds; or
(2) exchanged wholly or partly for not less than a similar amount of the outstanding bonds and the unpaid matured interest on those bonds.
SUBCHAPTER F. TAXES