Tex. Water Code § 58.436 · Subchapter J. ISSUANCE OF BONDS
CONDITIONS OF PRELIMINARY BONDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) After preliminary bonds have been authorized at an election, the board may order the issuance of the bonds in an amount which is not more than the amount stated in the notice of election.
(b) The bonds may be paid serially or on amortization at any time not more than 10 years from their date.
(c) Although the bonds will be known and designated in the records as preliminary bonds, it is not necessary to make this designation on the bonds.
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 f42c859f87ea8a4987cd075e4e94cc257e6e118d6528323c0b937a6b31ebbe97
- 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.