Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle G. SPECIFIC AUTHORITY FOR STATE GOVERNMENT TO ISSUE SECURITIES |
Chapter 1401. BONDS FOR CERTAIN CRIMINAL JUSTICE OR MENTAL HEALTH AND MENTAL RETARDATION FACILITIES |
Subchapter C. GENERAL OBLIGATION BONDS AND PROCEEDS |
Sec. 1401.043. REFINANCING CERTAIN OBLIGATIONS
Latest version.
-
(a) The proceeds of a bond issued under Section 1401.041(a), (b), (c)(1), or (d) may be used to refinance an existing obligation for a purpose described by those subsections.
(b) The proceeds of a bond issued under Section 1401.041(c)(2) may be used to refinance an existing obligation for a purpose described by that subdivision.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.