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Texas Special District Local Laws Code

§ 1047.206 — TAX TO PAY REFUNDING BONDS

SD § 1047.206Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1047. JASPER HOSPITAL DISTRICT · Art. E. BONDS

Statute text

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(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.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 1047.206 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.