yourstate.us
Home / Texas / Government Code
Tex. Government Code § 1501.210

PAYMENT OF OUTSTANDING BONDS

Texas · Texas Government Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Government Code § 1501.210, PAYMENT OF OUTSTANDING BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/660974
Permanent ID
ys:prov:660974@1
SHA-256
fe4e5e7fa79c711792d8bbcf7ec334f97c714bc4a5469a7afebcde55eb2cf30a

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

After money has been deposited with the bank where the outstanding district bonds are payable, the district or the municipality may pay off any outstanding district bonds if the money and investments that would remain to the credit of the interest and sinking fund are sufficient to provide for the payment of: (1) all of the remaining outstanding bonds of the district; (2) the interest on the remaining outstanding bonds of the district to: (A) the maturity dates of the bonds; or (B) the date set by the district for redemption of its bonds; and (3) any required redemption premium.