Texas Special District Local Laws Code 1047.205 – Registration of Refunding Bonds
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(a) After registration of refunding bonds, the comptroller shall:
(1) cancel the bonds to be refunded and the interest coupons for those bonds; and
(2) deliver the refunding bonds to the proper party.
(b) Bonds to be refunded may be presented for cancellation in installments with a corresponding amount of refunding bonds registered and delivered as provided by this section.
Terms Used In Texas Special District Local Laws Code 1047.205
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011