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Texas Transportation Code - Section 284.041. Refunding Bonds

Legal Research Home > Texas Lawyer > Transportation Code > Texas Transportation Code - Section 284.041. Refunding Bonds

§ 284.041. REFUNDING BONDS.  Subject to any restriction 
in a bond instrument, a refunding bond may not be delivered unless 
delivered in exchange for the bond authorized to be refunded or 
unless sold and delivered to provide money for the payment of a 
matured or redeemable bond maturing or redeemable within three 
months.

Acts 1995, 74th Leg., ch. 165, § 1, eff. Sept. 1, 1995.                    

Last modified: August 10, 2007