Texas § GV.1207.024 - METHODS AND TERMS OF SALE
Full text of Texas The Texas Constitution § GV.1207.024 — METHODS AND TERMS OF SALE, with citation guidance and answers to common questions.
§ GV.1207.024. METHODS AND TERMS OF SALE
METHODS AND TERMS OF SALE. (a) Refunding bonds issued to make a deposit under this subchapter or Subchapter C shall be sold for cash in a principal amount necessary to provide all or part of the money required to: (1) pay the principal of the obligations to be refunded and the interest to accrue on those obligations to their maturity; or (2) redeem the obligations to be refunded, before maturity, on the date or dates the obligations are subject to redemption, including the principal, interest to accrue on the obligations to their redemption date or dates, and any required redemption premium. (b) The refunding bonds: (1) shall be sold under the terms and procedures for the sale as determined by the governing body of the issuer; and (2) may be sold at public or private sale. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.1207.024
What does The Texas Constitution § GV.1207.024 cover?
Section GV.1207.024 ("METHODS AND TERMS OF SALE") 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.1207.024?
A common citation format is "The Texas Constitution § GV.1207.024" (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.1207.024 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.