Public-domain · open source
OpenJurist

Tex. Gov't Code § 1207.023

AMOUNT OF PRINCIPAL

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

Refunding bonds for which a deposit is made under this subchapter or Subchapter C may be issued in an additional amount sufficient to:

(1) pay the cost and expense of issuing the bonds; or

(2) finance a debt service reserve, contingency, or other similar fund the issuer considers necessary or advisable.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.