1207.004 – COMBINATION ISSUANCE. Under the terms and with
Texas Government Code § 1207.004
Summary
This law allows governmental entities in Texas to issue refunding bonds alongside new bonds or with provisions for future bond issuances. It provides flexibility in financing options for public projects, enabling better management of existing debt.
Allows combination of refunding bonds with new bonds.
Enables future issuance of additional parity or subordinate lien bonds.
Facilitates better debt management for governmental entities.
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In simple terms: Learn about Texas's COMBINATION ISSUANCE. Under the terms and with law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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