Texas Education Code - Section 66.22. Refunding Bonds And Notes
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§ 66.22. REFUNDING BONDS AND NOTES. Any bonds or notes
issued pursuant to the constitutional provisions described in
Section 66.21 of this code, or issued pursuant to this subchapter,
may be refunded by the governing board which issued the bonds or
notes, upon such terms and conditions, including interest rates and
maturities, as may be determined by that board, provided that such
terms and conditions shall not be inconsistent with the applicable
constitutional provisions. Any such bonds or notes may be so
refunded by the issuance of refunding bonds or notes, either to be
exchanged for the bonds or notes being refunded and cancelled, or to
be sold, with the proceeds to be used for the redemption and
cancellation of the bonds or notes being refunded.
Acts 1971, 62nd Leg., p. 3150, ch. 1024, art. 1, § 1, eff. Sept.
1, 1971.
Section: 66.04 66.05 66.06 66.07 66.08 66.09 66.21 66.22 66.23 66.24 66.25 66.41 66.42 66.43 66.44
Last modified: August 10, 2007
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