Texas § GV.1501.210 - PAYMENT OF OUTSTANDING BONDS

Full text of Texas The Texas Constitution § GV.1501.210 — PAYMENT OF OUTSTANDING BONDS, with citation guidance and answers to common questions.

§ GV.1501.210. PAYMENT OF OUTSTANDING BONDS

PAYMENT OF OUTSTANDING BONDS. After money has been deposited with the bank where the outstanding district bonds are payable, the district or the municipality may pay off any outstanding district bonds if the money and investments that would remain to the credit of the interest and sinking fund are sufficient to provide for the payment of: (1) all of the remaining outstanding bonds of the district; (2) the interest on the remaining outstanding bonds of the district to: (A) the maturity dates of the bonds; or (B) the date set by the district for redemption of its bonds; and (3) any required redemption premium. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § GV.1501.210

What does The Texas Constitution § GV.1501.210 cover?

Section GV.1501.210 ("PAYMENT OF OUTSTANDING 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 § GV.1501.210?

A common citation format is "The Texas Constitution § GV.1501.210" (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.1501.210 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.