{"data":{"id":"us-tx/tex.-local-government-code-501.202","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 501.202","heading":"TERMS.","body":"Bonds issued by a corporation must be dated and must mature in not more than 40 years.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.01, eff. April 1, 2009.","path":["LOCAL GOVERNMENT CODE","TITLE 12. PLANNING AND DEVELOPMENT","SUBTITLE C1. ADDITIONAL PLANNING AND DEVELOPMENT PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 501. PROVISIONS GOVERNING DEVELOPMENT CORPORATIONS","SUBCHAPTER E. CORPORATE POWERS AND LIMITATIONS RELATING TO BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.501.htm#501.202","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"87acc94191368a26218e6e78fd229de891e2890757ae4fc0d32463ddd46b892e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-501.201","next":"us-tx/tex.-local-government-code-501.203"},"notice":"GroundRules: Original legal text. Not legal advice."}