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

Tex. Water Code § 15.203: ELIGIBLE BONDS.

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Where this section sits in the code
  1. WATER CODE
  2. TITLE 2. WATER ADMINISTRATION
  3. SUBTITLE C. WATER DEVELOPMENT
  4. CHAPTER 15. TEXAS WATER ASSISTANCE PROGRAM
  5. SUBCHAPTER D. WATER BOND INSURANCE PROGRAM

(a) Only revenue, general obligation, tax, or combination bonds issued by a political subdivision or a water supply corporation for a project qualifying for assistance under this subchapter and board rules are eligible to be insured under the program.

(b) Bonds issued for a term longer than 50 years are not eligible to be insured under the program.

Added by Acts 1985, 69th Leg., ch. 133, Sec. 2.05.

Collected 2026-08-27T01:47:48Z. Source file · JSON

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