Sec. 1433.066. INTERIM RECEIPTS; TEMPORARY BONDS. Before the preparation of definitive bonds, an issuer may, under the restrictions applicable to the definitive bonds, issue interim receipts or temporary bonds, with or without coupons, exchangeable for definitive bonds when the definitive bonds are executed and available for delivery.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle H - Specific Authority for More Than One Type of Local Government to Issue Securities
Chapter 1433 - Bonds for Development of Employment, Industrial, and Health Resources
Section 1433.061. Issuance of Bonds
Section 1433.062. Money Used to Pay Bonds; Prohibition on Certain Obligations
Section 1433.063. Bonds Not Debt of State or Issuer
Section 1433.065. Sale of Bonds
Section 1433.066. Interim Receipts; Temporary Bonds
Section 1433.067. Use of Bond Proceeds
Section 1433.068. Refunding Bonds
Section 1433.069. Exemptions From Taxation and Securities Act