Tex. Education Code § 53A.37
JUNIOR LIEN BONDS; PARITY BONDS
Texas · Texas Education Code · Status: effective
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- Citation
- Tex. Education Code § 53A.37, JUNIOR LIEN BONDS; PARITY BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/637013
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Full text
Bonds constituting a junior lien on the net revenue or properties may be issued unless prohibited by the bond resolution or trust indenture. Parity bonds may be issued under conditions specified in the bond resolution or trust indenture.