Tex. Health and Safety Code § 286.145
REFUNDING BONDS
Texas · Texas Health and Safety Code · Status: effective
Cite this
- Citation
- Tex. Health and Safety Code § 286.145, REFUNDING BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/670648
- Permanent ID
ys:prov:670648@1- SHA-256
bf4eccc51cf29a43514f9dbcf2f99dc2b919b9e5c5fc9b768003e0f2645a1477
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
(a) Refunding bonds of the district may be issued to refund an outstanding indebtedness the district has issued or assumed.
(b) The bonds must be issued in the manner provided by Subchapter D, Chapter 1207, Government Code.
(c) The refunding bonds may be sold and the proceeds applied to the payment of outstanding indebtedness or may be exchanged in whole or in part for not less than a similar principal amount of outstanding indebtedness. If the refunding bonds are to be sold and the proceeds applied to the payment of outstanding indebtedness, the refunding bonds must be issued and payments made in the manner provided by Subchapters A-C, Chapter 1207, Government Code.