§ 453.301 Definition
§ 453.302 Power to Issue Bonds
§ 453.303 Bond Terms
§ 453.304 Sale
§ 453.305 Approval; Registration
§ 453.306 Incontestability
§ 453.307 Security Pledged
§ 453.308 Pledge of Revenue Limited
§ 453.309 Refunding Bonds
§ 453.310 Bonds as Authorized Investments
§ 453.311 Interest Exemption

Terms Used In Texas Transportation Code Chapter 453 > Subchapter G - Bonds

  • Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • Property: means real and personal property. See Texas Government Code 311.005