Texas Education Code § 45.258 Notice Of Failure Or Inability To Pay

Sec. 45.258. NOTICE OF FAILURE OR INABILITY TO PAY. Immediately following a determination that a school district will be or is unable to pay maturing or matured principal or interest on a bond for which credit enhancement is provided under this subchapter, but not later than the 10th day before maturity date, the school district shall notify the commissioner.

Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.

Section: Previous  45.252  45.253  45.254  45.2541  45.255  45.256  45.257  45.258  45.259  45.260  45.261  45.262  45.263  45.301  45.302  Next

Last modified: September 28, 2016