Sec. 6902.252. TERMS OF ISSUANCE OF REFUNDING BONDS

Latest version.

Refunding bonds may:
(1) be issued to refund bonds of more than one series;
(2) combine the pledges for the outstanding bonds for the security of the refunding bonds; or
(3) be secured by a pledge of other or additional revenue or mortgage liens.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 , Sec. 1.06, eff. April 1, 2009.

                    
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