Sec. 21.001. ISSUANCE OF PARK DEVELOPMENT BONDS. The department, by resolution of the commission, from time to time may provide for the issuance of negotiable bonds in an aggregate amount not to exceed $75 million pursuant to the provisions of Article III, Section 49-e, of the Texas Constitution. All bonds provided for under this section shall be issued by the Texas Public Finance Authority, acting on behalf of the department. In connection with the issuance of such bonds, the Texas Public Finance Authority is subject to all rights, duties, and conditions set forth in this chapter with respect to the issuance of bonds by the department.
Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975. Amended by Acts 1991, 72nd Leg., 1st C.S., ch. 4, Sec. 14.07, eff. Jan. 1, 1992.
Structure Texas Statutes
Chapter 21 - Texas Park Development Fund
Subchapter A. Texas Park Development Bonds
Section 21.001. Issuance of Park Development Bonds
Section 21.002. Description of Bonds
Section 21.005. Form, Denomination, Place of Payment
Section 21.007. Redemption Before Maturity
Section 21.008. Registered and Bearer Bonds
Section 21.009. Notice of Bond Sale
Section 21.010. Competitive Bids
Section 21.011. Security for Bids
Section 21.012. Approval of Bonds; Registration
Section 21.013. Execution of Bonds
Section 21.014. Facsimile Signatures and Seals
Section 21.015. Signature of Former Officer
Section 21.016. Bonds Incontestable, Valid, and Binding
Section 21.017. Evidence of Validity
Section 21.018. Payment by Comptroller
Section 21.019. Duties Enforceable
Section 21.020. Refunding Bonds
Section 21.021. Bonds Negotiable Instruments
Section 21.022. Bonds Not Taxable
Section 21.023. Authorized Investments