Texas § SD.9051.259 - REFUNDING BONDS

Full text of Texas The Texas Constitution § SD.9051.259 — REFUNDING BONDS, with citation guidance and answers to common questions.

§ SD.9051.259. REFUNDING BONDS

REFUNDING BONDS. (a) The board may issue refunding bonds without an election to refund outstanding bonds issued under this subchapter and interest on those bonds. (b) Refunding bonds may be issued to refund bonds of more than one series. (c) In the case of bonds secured wholly or partly by net revenue, the district may: (1) combine the pledges for the outstanding bonds for the security of the refunding bonds; or (2) secure the refunding bonds by a pledge of other or additional revenue. (d) The provisions of this subchapter regarding the issuance of other bonds and the rights and remedies of the holders apply to refunding bonds. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.06, eff. April 1, 2017.

Frequently Asked Questions About Texas § SD.9051.259

What does The Texas Constitution § SD.9051.259 cover?

Section SD.9051.259 ("REFUNDING 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.9051.259?

A common citation format is "The Texas Constitution § SD.9051.259" (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.9051.259 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.