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1,327 chapters · 31,721 sections in this title.
Tex. Special District Local Laws Code § 1039.205 Refunding Bonds
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Sec. 1039.205. REFUNDING BONDS. (a) The board may, without an election, issue refunding bonds payable from taxes or revenue to refund outstanding indebtedness issued, incurred, or assumed by the district. (b) A refunding bond may be: (1) sold, with the proceeds of the refunding b…
Tex. Special District Local Laws Code § 1039.206 Maturity of Bonds
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Sec. 1039.206. MATURITY OF BONDS. District bonds payable from taxes or revenue must mature not later than 40 years after the date of issuance. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Tex. Special District Local Laws Code § 1039.207 Execution of Bonds
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Sec. 1039.207. EXECUTION OF BONDS. (a) The board president shall execute, in the district's name, district bonds payable from taxes or revenue. (b) The board secretary shall countersign the bonds in the manner provided by Chapter 618, Government Code. Added by Acts 2007, 80th Leg…
Tex. Special District Local Laws Code § 1039.208 Bonds Exempt From Taxation
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Sec. 1039.208. BONDS EXEMPT FROM TAXATION. The following are exempt from taxation by this state or a political subdivision of this state: (1) bonds issued by the district; (2) the transfer and issuance of the bonds; and (3) profits made in the sale of the bonds. Added by Acts 200…