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Tex. Transportation Code § 284.041

REFUNDING BONDS

Texas · Texas Transportation Code · Status: effective

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Tex. Transportation Code § 284.041, REFUNDING BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/569503
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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.