Tex. Special District Local Laws Code § 8503.019
PURCHASE OF BONDS
Texas · Texas Special District Local Laws Code · Status: effective
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- Citation
- Tex. Special District Local Laws Code § 8503.019, PURCHASE OF BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/618558
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ys:prov:618558@1- SHA-256
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Full text
The authority may, out of any funds available for the purpose, purchase bonds issued by it at a price not exceeding the redemption price applicable at the time of the purchase, or if the bonds are not redeemable, at a price not exceeding the principal amount of the bonds plus accrued interest. All bonds purchased in this manner shall be canceled.