{"data":{"id":"us-tx/tex.-health-and-safety-code-383.023","jurisdiction":"us-tx","citation":"Tex. Health and Safety Code § 383.023","heading":"TERMS.","body":"Bonds issued under this chapter must mature serially or otherwise not more than 40 years after they are issued. The bonds may:\n(1) bear interest at a rate and be sold at a price or under terms that the governing body of the issuer determines to be the most advantageous reasonably obtainable;\n(2) be made callable before maturity at times and prices prescribed in the resolution authorizing the bonds;\n(3) be in coupon form; and\n(4) be registrable as to principal or as to principal and interest.\nActs 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.","path":["HEALTH AND SAFETY CODE","TITLE 5. SANITATION AND ENVIRONMENTAL QUALITY","SUBTITLE C. AIR QUALITY","CHAPTER 383. CLEAN AIR FINANCING ACT","SUBCHAPTER C. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/HS/htm/HS.383.htm#383.023","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:17Z","sha256":"0269d2e24d1e045f514d4b9286f5dd0803b5f1d66e933765ca0099768373aea6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-health-and-safety-code-383.022","next":"us-tx/tex.-health-and-safety-code-383.024"},"notice":"GroundRules: Original legal text. Not legal advice."}
