Tex. Water Code § 56.204 · Subchapter F. ISSUANCE OF BONDS AND NOTES
BONDS: REQUISITES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Bonds shall be issued in the name of the district, signed by the board president, and attested by the board secretary, and each bond shall have the seal of the district affixed to it.
(b) The bonds shall be issued in denominations and shall bear interest as authorized by the board.
(c) The terms of the bonds shall include the time, places, manner, and conditions of payment and the rate of interest determined and ordered by the board.
(d) The bonds shall be paid not later than 40 years from the date they are issued.
Notes and commentary — not statutory text
History
Acts 1971, 62nd Leg., p. 516, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 2001, 77th Leg., ch. 298, Sec. 8, eff. Sept. 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.56.htm
- Text hash
- sha256 5491d329ea03dd00e3b62a25a01e9f4bafa6c85a944db4d5cd55e1e78a99f9aa
- 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.