{"data":{"id":"us-tx/tex.-local-government-code-254.055","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 254.055","heading":"MATURITY OF OBLIGATION.","body":"An obligation issued under this chapter must mature not later than 40 years after its date of issuance.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 9, eff. Sept. 1, 1999.","path":["LOCAL GOVERNMENT CODE","TITLE 8. ACQUISITION, SALE, OR LEASE OF PROPERTY","SUBTITLE A. MUNICIPAL ACQUISITION, SALE, OR LEASE OF PROPERTY","CHAPTER 254. ACQUISITION AND DEVELOPMENT OF ISLAND PROPERTY","SUBCHAPTER C. OBLIGATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.254.htm#254.055","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"50b74ea2d19d3b4a640e57e4a036633e2882890f742534265ccaf093294224b0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-254.054","next":"us-tx/tex.-local-government-code-254.056"},"notice":"GroundRules: Original legal text. Not legal advice."}