Texas § SD.8512.0512 - POWER OF AUTHORITY TO PURCHASE BONDS ISSUED BY AUTHORITY
Full text of Texas The Texas Constitution § SD.8512.0512 — POWER OF AUTHORITY TO PURCHASE BONDS ISSUED BY AUTHORITY, with citation guidance and answers to common questions.
§ SD.8512.0512. POWER OF AUTHORITY TO PURCHASE BONDS ISSUED BY AUTHORITY
POWER OF AUTHORITY TO PURCHASE BONDS ISSUED BY AUTHORITY. (a) Using any money available for the purpose, the authority may purchase bonds issued by the authority at a price not exceeding the redemption price applicable at the time of the purchase, or, if the bonds are not redeemable, at a price not exceeding the principal amount of the bonds plus accrued interest. (b) All bonds purchased under this section shall be cancelled, and bonds may not be issued in lieu of those bonds. 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
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § SD.8512.0512
What does The Texas Constitution § SD.8512.0512 cover?
Section SD.8512.0512 ("POWER OF AUTHORITY TO PURCHASE BONDS ISSUED BY AUTHORITY") 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.8512.0512?
A common citation format is "The Texas Constitution § SD.8512.0512" (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.8512.0512 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.