Sec. 1232.112.  BOND REVIEW BOARD APPROVAL.  (a)  The authority may not issue obligations until the Bond Review Board has approved the issuance under Chapter 1231.
(b)  The Bond Review Board may not approve a bond issue unless a project analysis is submitted for approval as provided by Section 1232.114.
(c)  Refunding obligations of the authority must be approved by the Bond Review Board.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.