Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Local Government Code § 303.073: TERMS.

Where this section sits in the code

LOCAL GOVERNMENT CODE
TITLE 9. PUBLIC BUILDINGS AND GROUNDS
SUBTITLE C. PUBLIC BUILDING PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT
CHAPTER 303. PUBLIC FACILITY CORPORATIONS
SUBCHAPTER C. BONDS

(a) A bond issued under this chapter must mature not later than 40 years after its date.

(b) Bonds issued under this chapter may be sold in any manner authorized by the corporation and permitted by Chapter 1201, Government Code.

(c) The interest rate on the bonds may be determined by a formula or index or in accordance with a contract or other arrangement for the periodic determination of interest rates.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. Sept. 1, 1999.

Collected 2026-08-27T01:47:27Z. Source file · JSON

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