Interim Bonds

Tex. Government Code § 1501.260, under Obligations For Municipal Utilities.

Tex. Government Code § 1501.260

Sec. 1501.260. INTERIM BONDS. Pending the issuance of definitive bonds under this subchapter, the municipality may authorize the delivery of negotiable interim bonds exchangeable for definitive bonds. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.