Texas § GV.2306.397 - REDEMPTION BEFORE MATURITY
Full text of Texas The Texas Constitution § GV.2306.397 — REDEMPTION BEFORE MATURITY, with citation guidance and answers to common questions.
§ GV.2306.397. REDEMPTION BEFORE MATURITY
REDEMPTION BEFORE MATURITY; CONVERSION. (a) Department bonds may be made redeemable before maturity. (b) The board may provide and covenant for the: (1) conversion of one form of bond to another form; and (2) reconversion of a bond to another form. (c) Except as provided by Subsection (d), a replacement, converted, or reconverted bond must be approved and registered as provided by Sections 2306.431 and 2306.432 , under procedures established by the resolution authorizing the bonds. (d) If the duty of replacement, conversion, or reconversion of a bond is imposed on a place of payment (paying agent) or a corporate trustee under a trust agreement or trust indenture, the replacement, converted, or reconverted bond does not need to be reapproved by the attorney general or reregistered by the comptroller as provided by Sections 2306.431 and 2306.432 . Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. SUBCHAPTER S. HOUSING FINANCE DIVISION BONDS: SECURITY FOR BONDS
Frequently Asked Questions About Texas § GV.2306.397
What does The Texas Constitution § GV.2306.397 cover?
Section GV.2306.397 ("REDEMPTION BEFORE MATURITY") 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 § GV.2306.397?
A common citation format is "The Texas Constitution § GV.2306.397" (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 § GV.2306.397 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.