(a) As provided in the ordinance authorizing the issuance of bonds under this subchapter, the municipality may issue and negotiate additional bonds as necessary.
(b) Additional bonds that are sold are on a parity with bonds of the same issue.
ADDITIONAL BONDS
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff
(a) As provided in the ordinance authorizing the issuance of bonds under this subchapter, the municipality may issue and negotiate additional bonds as necessary.
(b) Additional bonds that are sold are on a parity with bonds of the same issue.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.