Sec. 317.154.  TERMS OF ISSUANCE OF REVENUE REFUNDING BONDS.  (a)  Revenue refunding bonds may:
(1)  be combined with new or original revenue bonds into one series or issue;
(2)  be issued to refund bonds of more than one series or issue;
(3)  combine the pledges securing the bonds to be refunded to secure the revenue refunding bonds;  or
(4)  be secured by a pledge of other or additional net revenue.
(b)  Revenue refunding bonds may bear interest at a rate higher than that of the bonds to be refunded.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 24, eff. Sept. 1, 1999.