The authority may make and issue temporary bonds for the purpose of interim financing and make agreements or other provision to refinance the temporary bonds with bonds to provide permanent financing at the time, in the manner, and on the conditions the board determines.
Tex. Spec. Dist. Local Laws Code § 8512.0510
TEMPORARY BONDS
Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615), Sec. 1.02, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.