Sec. 60.344. REFUNDING BONDS. (a) The district is authorized to issue refunding bonds for the purpose of refunding any outstanding bonds and interest on them, authorized by this subchapter or any other indebtedness which the district may lawfully assume.
(b) No election shall be necessary in connection with the authorization and issuance of refunding bonds.
Added by Acts 1973, 63rd Leg., p. 770, ch. 343, Sec. 1, eff. Aug. 27, 1973.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 60 - Navigation Districts--General Provisions
Subchapter M. Tax Bonds, Revenue Bonds, and Combination Tax and Revenue Bonds
Section 60.331. Classes of Bonds Authorized
Section 60.332. Issuance of Bonds
Section 60.334. Maturity of Bonds
Section 60.335. Registered and Bearer Bonds
Section 60.336. Lost and Destroyed Bonds
Section 60.337. Approval of Converted or Substituted Bonds
Section 60.338. Bonds Secured by Revenues
Section 60.339. Bonds Payable From Taxes
Section 60.340. Bonds Payable From Both Taxes and Revenues
Section 60.341. Rates, Tolls, and Charges
Section 60.342. Use of Bond Proceeds
Section 60.344. Refunding Bonds
Section 60.345. Approval and Incontestability of Bonds
Section 60.346. Additional Security
Section 60.347. Investment of Bond Proceeds