Sec. 63.257. BOND RECORD. (a) After bonds are issued, the board shall procure and deliver to the secretary of the district a well-bound book for recording the bonds.
(b) The record kept in the book shall include:
(1) the bonds and their numbers;
(2) the amount of the bonds;
(3) the interest rate;
(4) the date of issuance;
(5) the date the bonds become due;
(6) the place where the bonds are payable;
(7) the amount received for each bond; and
(8) the tax levy to pay interest and provide a sinking fund.
(c) The bond record shall be available for public inspection by all interested parties in the district.
(d) On payment of a bond, an entry of the payment shall be made in the bond record.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Last modified: September 28, 2016