Texas Special District Local Laws Code Chapter 1049 > Subchapter E – Bonds
Current as of: 2024 | Check for updates
|
Other versions
§ 1049.201 | Bonds |
§ 1049.202 | Tax to Pay Bonds |
§ 1049.203 | Bond Election |
§ 1049.204 | Maturity of Bonds |
§ 1049.205 | Execution of Bonds |
§ 1049.206 | Revenue Bonds |
Terms Used In Texas Special District Local Laws Code Chapter 1049 > Subchapter E - Bonds
- Appraisal: A determination of property value.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Personal property: All property that is not real property.
- Property: means real and personal property. See Texas Government Code 311.005
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Trustee: A person or institution holding and administering property in trust.
- Week: means seven consecutive days. See Texas Government Code 311.005