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

Tex. Special District Local Laws Code § 7502.205: CAPITALIZED INTEREST AND DISCOUNT ON BONDS.

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Where this section sits in the code
  1. SPECIAL DISTRICT LOCAL LAWS CODE
  2. TITLE 6. WATER AND WASTEWATER
  3. SUBTITLE D. IRRIGATION DISTRICTS
  4. CHAPTER 7502. LAKE PROCTOR IRRIGATION AUTHORITY OF COMANCHE COUNTY, TEXAS
  5. SUBCHAPTER E. BONDS

(a) Capitalized interest on bonds issued under this subchapter may not exceed two years.

(b) A discount on bonds issued under this subchapter may not exceed five percent of the par value of the bonds.

Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.05, eff. April 1, 2007.

Collected 2026-08-27T01:47:41Z. Source file · JSON

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