Texas Government Code 1371.060 – Refinancing, Renewal, or Refunding of Obligation or Credit Agreement
Current as of: 2024 | Check for updates
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Terms Used In Texas Government Code 1371.060
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
An obligation, including accrued interest, or a credit agreement may from time to time be refinanced, renewed, or refunded by the issuance of another obligation or credit agreement.