Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 1. ADMINISTRATION |
PART 3. OFFICE OF THE ATTORNEY GENERAL |
CHAPTER 53. MUNICIPAL SECURITIES |
SUBCHAPTER E. APPROVAL OF ISSUES OF CERTIFICATES OF OBLIGATION |
SECTION 53.76. Refunding of Certificates in Exchange for Services or Property
Latest version.
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No refunding of certificates delivered in exchange for services or property will be approved unless said certificates are authorized and issued in substantial compliance with statutory authority and full compliance with any applicable constitutional provisions.
Source Note: The provisions of this §53.76 adopted to be effective January 1, 1976.