Tex. Educ. Code § 45.258

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 45.258 - Notice of Failure or Inability to Pay

Immediately following a determination that a school district will be or is unable to pay maturing or matured principal or interest on a bond for which credit enhancement is provided under this subchapter, but not later than the 10th day before maturity date, the school district shall notify the commissioner.

Tex. Educ. Code § 45.258

Added by Acts 2009, 81st Leg., R.S., Ch. 1328, Sec. 75, eff. 9/1/2009.