A bond or coupon issued under this subchapter after October 27, 1977, may be made payable in:
(1) United States currency; or
(2) gold coin of or equal to the standard of weight and fineness existing on its date of payment.
MEDIUM OF PAYMENT
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff
A bond or coupon issued under this subchapter after October 27, 1977, may be made payable in:
(1) United States currency; or
(2) gold coin of or equal to the standard of weight and fineness existing on its date of payment.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.