Tex. Parks & Wild. Code § 22.025 · Subchapter C. PALO DURO CANYON STATE PARK
INTEREST ON BONDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Interest on the bonds may not exceed six percent per year, computed with relation to the absolute maturity of the bonds in accordance with standard bond interest tables currently in use by insurance companies and investment houses, excluding from the computation the amount of any premium to be paid on redemption of any bonds prior to maturity.
Notes and commentary — not statutory text
History
Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PW/htm/PW.22.htm
- Text hash
- sha256 beb5e2b89b7815a613c6e96cf28d36bf1688ef38020800cc12b4d02c4eb72d42
- 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.