Texas Statutes
§ 457.252 — BOND TERMS.
Texas § 457.252
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 457.252 (BOND TERMS.) 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. Transportation Code Code Ann. § 457.252 (2026).
Text
Sec. 457.252. BOND TERMS.
(a)An authority's bonds are fully negotiable.
(b)The authority may make the bonds redeemable before maturity at the price and subject to the terms that are provided in the resolution authorizing the bonds.
(c)A revenue bond indenture may limit a power of the authority provided by this chapter as long as the bond containing the indenture is outstanding and unpaid.
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Legislative History
Added by Acts 1997, 75th Leg., ch. 165, Sec. 30.35(a), eff. Sept. 1, 1997.
Nearby Sections
15
§ 457.001
DEFINITIONS.§ 457.002
APPLICABILITY.§ 457.051
CREATION OF AUTHORITY.§ 457.052
BOARD OF AUTHORITY.§ 457.053
CONFIRMATION ELECTION.§ 457.056
INVESTMENTS.§ 457.057
DEPOSIT OF MONEY.§ 457.058
LIABILITY OF CREATING ENTITIES.§ 457.101
ACQUIRING AND DISPOSING OF PROPERTY.§ 457.102
TRANSIT AUTHORITY SYSTEM.§ 457.103
FARES AND OTHER CHARGES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 457.252, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/457.252.