Tex. Gov't Code § 1207.023

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1207.023 - Amount of Principal

Refunding bonds for which a deposit is made under this subchapter or Subchapter C may be issued in an additional amount sufficient to:

(1) pay the cost and expense of issuing the bonds; or

(2) finance a debt service reserve, contingency, or other similar fund the issuer considers necessary or advisable.

Tex. Gov't. Code § 1207.023

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. 9/1/1999.