BOND REVIEW BOARD APPROVAL
Known as the Texas Public Finance Authority Act
The act spans §§ 1232.001 to 1232.206 (65 sections).
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff
(a) The authority may not issue obligations until the Bond Review Board has approved the issuance under Chapter 1231.
(b) The Bond Review Board may not approve a bond issue unless a project analysis is submitted for approval as provided by Section 1232.114.
(c) Refunding obligations of the authority must be approved by the Bond Review Board.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.