Texas § NR.164.007 - CONDITIONS FOR ISSUANCE OF BONDS
Full text of Texas The Texas Constitution § NR.164.007 — CONDITIONS FOR ISSUANCE OF BONDS, with citation guidance and answers to common questions.
§ NR.164.007. CONDITIONS FOR ISSUANCE OF BONDS
CONDITIONS FOR ISSUANCE OF BONDS. (a) Bonds may be issued in various series and issues. (b) Bonds shall be payable as provided by the board and may mature serially or otherwise. (c) Bonds shall be redeemable before maturity or subject to tender for purchase at the price or prices and under the terms and conditions fixed by the board in the resolution providing for the issuance and sale of the bonds. (d) Bonds may bear a fixed, variable, floating, or other rate or rates of interest or may bear no interest, as determined by the board. (e) Bonds may be sold at public or private sale at a price or prices and on terms determined by the board. (f) Bonds issued under this chapter for a purpose other than buying back or refunding general obligation bonds issued under Article III, Section 49-b , 49-b-1, or 49-b-2, of the Texas Constitution may not in the aggregate exceed $1 billion. Added by Acts 1993, 73rd Leg., ch. 242, Sec. 3.01, eff. Aug. 30, 1993. Amended by Acts 2001, 77th Leg., ch. 875, Sec. 1, eff. June 14, 2001.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § NR.164.007
What does The Texas Constitution § NR.164.007 cover?
Section NR.164.007 ("CONDITIONS FOR ISSUANCE OF BONDS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § NR.164.007?
A common citation format is "The Texas Constitution § NR.164.007" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § NR.164.007 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.