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Texas Transportation Code

§ 317.152 — AUTHORITY TO ISSUE TAX REFUNDING BONDS

TN § 317.152Title 6. ROADWAYS · Part E. MUNICIPAL STREETS · Ch. 317. ELIMINATION OF GRADE-LEVEL STREET CROSSINGS BY RAILROAD LINES IN MUNICIPALITIES WITH POPULATION OF MORE THAN 100,000 · Art. D. REFUNDING BONDS

Statute text

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(a)The governing body of a municipality by ordinance may issue tax bonds under this chapter to refund outstanding original or refunding bonds issued by the municipality under this chapter and the accrued interest on those bonds.
(b)Refunding bonds issued under this section may be issued to refund tax bonds of more than one series or issue.

Legislative history

Added by Acts 1999, 76th Leg., ch. 227, Sec. 24, eff. Sept. 1, 1999.