Tex. Water Code § 17.873 · Subchapter J. AGRICULTURAL WATER CONSERVATION BOND PROGRAM
CONDITIONS FOR ISSUANCE OF BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Bonds may be issued as various series and issues and shall be on a parity.
(b) Bonds may mature serially or otherwise not later than 50 years after the date on which they are issued.
(c) The bonds may bear no interest or interest at a rate or rates determined in accordance with law.
(d) Rates of interest on bonds may be fixed, variable, floating, adjustable, or otherwise, determined by the board or determined pursuant to any contractual arrangements approved by the board.
Notes and commentary — not statutory text
History
Added by Acts 1989, 71st Leg., ch. 1103, 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/WA/htm/WA.17.htm
- Text hash
- sha256 c51ed6e4dc58d05229f3fcac1dfa132a1e8f752382ed34f46a79e4538c1dd00f
- 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.