Texas § TN.364.048 - TERMS OF BONDS
Full text of Texas The Texas Constitution § TN.364.048 — TERMS OF BONDS, with citation guidance and answers to common questions.
§ TN.364.048. TERMS OF BONDS
TERMS OF BONDS; NEGOTIABILITY. (a) The commissioners court may prescribe the terms and conditions of bonds issued under this chapter and determine the manner of their sale. The commissioners court by order or resolution shall determine: (1) the aggregate principal amount or amounts of the bonds; (2) the denominations of the bonds; (3) the date or dates of maturity; (4) the rate or rates of interest; (5) whether the bonds are payable annually or semiannually, and on what dates; (6) the form of the bonds; (7) the terms, provisions, and conditions of the bonds; (8) whether the bonds are coupon or registered bonds, and any registration privileges; (9) provisions for the call or redemption of the bonds before maturity; and (10) the place or places, in or outside of this state, at which the bonds are payable. (b) Bonds issued under this chapter have all the qualifications and incidents of negotiable instruments as provided by the law of this state. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Frequently Asked Questions About Texas § TN.364.048
What does The Texas Constitution § TN.364.048 cover?
Section TN.364.048 ("TERMS OF 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 § TN.364.048?
A common citation format is "The Texas Constitution § TN.364.048" (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 § TN.364.048 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.