Texas Statutes

§ 1047.202 — CANCELLATION OF BOND.

Texas § 1047.202
JurisdictionTexas
Code SDSpecial District Local Laws Code

This text of Texas § 1047.202 (CANCELLATION OF BOND.) 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. § 1047.202 (2026).

Text

Sec. 1047.202. CANCELLATION OF BOND.

(a)On the payment of interest or for the redemption of district bonds, the depository shall receive and cancel any interest coupon paid or bond discharged.
(b)When the interest coupon or bond is delivered to the board:
(1)the account of the depository shall be credited with the amount of the coupon or bond; and
(2)the coupon or bond shall be canceled and destroyed.

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Legislative History

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166 ), Sec. 1.02, eff. April 1, 2009.

Nearby Sections

15
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Bluebook (online)
Texas § 1047.202, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/1047.202.