Sec. 161.127. REFUNDING BONDS. (a) The board may provide by resolution for issuance of refunding bonds for the purpose of refunding outstanding bonds issued under this chapter together with accrued interest on the bonds.
(b) As far as applicable, the preceding provisions of this subchapter shall govern:
(1) the issuance of the refunding bonds;
(2) the maturities and other details of the refunding bonds;
(3) the rights of bondholders; and
(4) the duties of the board with respect to the refunding bonds.
Acts 1977, 65th Leg., p. 2661, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Section: Previous 161.119 161.120 161.121 161.123 161.124 161.125 161.126 161.127 161.128 161.129 161.130 161.131 161.132 161.171 161.173 NextLast modified: September 28, 2016