Bond Terms

Coordinated County Transportation Authorities · Bonds and Notes

The bonds of an authority are fully negotiable. An authority may make the bonds redeemable before maturity. The terms and conditions of authority bonds are subject to rules adopted by the board of directors.

Official text of the Texas Transportation Code as published by the Texas Legislative Council.

Official source

Legislative history

Added by Acts 2001, 77th Leg., ch. 1186, Sec. 1, eff. Sept. 1, 2001. Amended by Acts 2003, 78th Leg., ch. 306, Sec. 9, eff. Sept. 1, 2003.