Tex. Water Code § 58.393 · Subchapter I. BORROWING MONEY
MATURITY DATE OF LOAN.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If taxes are pledged to pay for the loan, the loan shall mature not later than the following April 1.
(b) If preliminary or construction bonds are pledged to pay the loan, the loan shall mature not later than six months from the date it is made.
Notes and commentary — not statutory text
History
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.58.htm
- Text hash
- sha256 9bbc962dbdcb020354953f7d1bf09be8a5fc78ad64194dd91dd496694978be42
- 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.