Texas § SD.8512.0509 - INTERIM BONDS
Full text of Texas The Texas Constitution § SD.8512.0509 — INTERIM BONDS, with citation guidance and answers to common questions.
§ SD.8512.0509. INTERIM BONDS
INTERIM BONDS. (a) Before issuing definitive bonds, the authority may make and issue interim bonds. (b) The interim bonds issued shall be taken up with the proceeds of the definitive bonds, or the definitive bonds may be issued and delivered in exchange for the interim bonds. (c) After an exchange of definitive bonds for interim bonds, the authority shall file certificates with the comptroller as to the exchange and cancellation, and the comptroller shall register the certificates in the same manner as the proceedings authorizing the issuance of the bonds are registered. Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615 ), Sec. 1.02, eff. April 1, 2027. Text of section effective on April 01, 2027
Frequently Asked Questions About Texas § SD.8512.0509
What does The Texas Constitution § SD.8512.0509 cover?
Section SD.8512.0509 ("INTERIM 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 § SD.8512.0509?
A common citation format is "The Texas Constitution § SD.8512.0509" (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 § SD.8512.0509 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.