Sec. 7807.208. REFUNDING BONDS. (a) The board may issue refunding bonds to refund or refinance all or part of the district's outstanding bonds and matured but unpaid interest coupons.
(b) District refunding bonds must mature not later than 40 years after their date of issuance.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.02, eff. April 1, 2013.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle E - Levee Improvement Districts
Chapter 7807 - Valwood Improvement Authority of Dallas County, Texas
Section 7807.201. Authority to Issue Bonds
Section 7807.202. Form of Bonds
Section 7807.204. Election Required
Section 7807.205. Use of Bond Proceeds
Section 7807.206. Taxes for Bonds
Section 7807.207. Bond Anticipation Notes and Preliminary Bonds