{"data":{"id":"us-tx/tex.-water-code-15.203","jurisdiction":"us-tx","citation":"Tex. Water Code § 15.203","heading":"ELIGIBLE BONDS.","body":"(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.\n(b) Bonds issued for a term longer than 50 years are not eligible to be insured under the program.\nAdded by Acts 1985, 69th Leg., ch. 133, Sec. 2.05.","path":["WATER CODE","TITLE 2. WATER ADMINISTRATION","SUBTITLE C. WATER DEVELOPMENT","CHAPTER 15. TEXAS WATER ASSISTANCE PROGRAM","SUBCHAPTER D. WATER BOND INSURANCE PROGRAM"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.15.htm#15.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"4b5843251ec0883bf06eaf53bc28e4c88ef88f2961c399e5338407ddf2ce4786","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-15.202","next":"us-tx/tex.-water-code-15.204"},"notice":"GroundRules: Original legal text. Not legal advice."}