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Tex. Utilities Code § 163.088

BOND ANTICIPATION NOTES

Texas · Texas Utilities Code · Status: effective

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Tex. Utilities Code § 163.088, BOND ANTICIPATION NOTES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/578080
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(a) The agency may issue bond anticipation notes: (1) for any purpose for which the agency may issue bonds; or (2) to refund previously issued bond anticipation notes or nonnegotiable purchase money notes. (b) Bond anticipation notes are subject to the limitations and conditions prescribed by this subchapter for bonds. (c) The agency may contract with purchasers of bond anticipation notes that the proceeds of one or more series of bonds will be used to pay or refund the notes.