Tex. Water Code § 58.393: MATURITY DATE OF LOAN.
Where this section sits in the code
- WATER CODE
- TITLE 4. GENERAL LAW DISTRICTS
- CHAPTER 58. IRRIGATION DISTRICTS
- SUBCHAPTER I. BORROWING MONEY
(a) If taxes are pledged to pay for the loan, the loan shall mature not later than the following April 1.
(b) If preliminary or construction bonds are pledged to pay the loan, the loan shall mature not later than six months from the date it is made.
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.
Collected 2026-08-27T01:47:48Z. Source file · JSON