(a) The district may issue refunding bonds to refund outstanding bonds issued under this chapter and interest on those bonds.(b) The provisions of this chapter relating to the issuance by the district of other bonds, their security, their approval by the attorney general, and the remedies of the bondholders apply to refunding bonds.(c) An election is not required for refunding bonds.(d) The district may also issue refunding bonds under any other applicable law. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.06, eff. April 1, 2009.
Texas Legal Code