Tex. Water Code § 15.203: ELIGIBLE BONDS.
Where this section sits in the code
- WATER CODE
- TITLE 2. WATER ADMINISTRATION
- SUBTITLE C. WATER DEVELOPMENT
- CHAPTER 15. TEXAS WATER ASSISTANCE PROGRAM
- 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