Sec. 1047.206. TAX TO PAY REFUNDING BONDS. (a) Before refunding bonds authorized by Section 1047.204 are delivered, the board shall impose a sufficient tax to pay the principal of and interest on the bonds.
(b) The refunding of any bonds does not affect any taxes already due.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1047 - Jasper Hospital District
Section 1047.202. Cancellation of Bond
Section 1047.203. Record of Bond Issuance
Section 1047.204. Refunding Bonds
Section 1047.205. Registration of Refunding Bonds
Section 1047.206. Tax to Pay Refunding Bonds