Texas § 8512.0505 TERMS OF ISSUANCE.

Texas Statutes

§ 8512.0505 — TERMS OF ISSUANCE.

Texas § 8512.0505

Code SDSpecial District Local Laws Code

This text of Texas § 8512.0505 (TERMS OF ISSUANCE.) 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. § 8512.0505 (2026).

Text

Text of section effective on April 01, 2027 Sec. 8512.0505. TERMS OF ISSUANCE. Authority bonds may be:

(1)sold for cash;

(2)issued on terms the board determines in exchange for property of any kind, or any property interest, that the board considers necessary or convenient for the corporate purpose for which the bonds are issued; or

(3)issued in exchange for like principal amounts of other matured or unmatured authority obligations.

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Text of section effective on April 01, 2027
Sec. 8512.0505. TERMS OF ISSUANCE. Authority bonds may be:
(1) sold for cash;
(2) issued on terms the board determines in exchange for property of any kind, or any property interest, that the board considers necessary or convenient for the corporate purpose for which the bonds are issued; or
(3) issued in exchange for like principal amounts of other matured or unmatured authority obligations.