Tex. Spec. Dist. Local Laws Code § 1055.206 · Subchapter E. BONDS AND OTHER FINANCIAL ARRANGEMENTS
MATURITY OF BONDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
General obligation bonds and revenue bonds must mature not later than 40 years after the date of issuance.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1055.htm
- Text hash
- sha256 10c3e6cde48aed2668cd3905a8a31d45121dfbcde72e4463ec1ca10c73a244ac
- 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.