Tex. Health & Safety Code § 282.072 · Subchapter E. DISTRICT BONDS
INTEREST, MATURITY, AND DENOMINATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) District bonds mature not more than 30 years after their date and bear interest at a rate ordered by the commissioners court but not more than six percent annually.
(b) The bonds must provide the interest rate and the time, place, manner, and conditions of payment as ordered by the commissioners court.
(c) The bonds may be payable annually or semiannually.
(d) The bonds must be issued in denominations of not less than $100 nor more than $1,000.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.282.htm
- Text hash
- sha256 8fd403f5530b313e260dcc8f69438a47a4e50bb8744a906f976a231567c4e050
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.