Sec. 1506.006. MATURITY. A bond issued under this subchapter must:
(1) be payable serially; and
(2) mature not later than 40 years after its date.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Section: Previous 1506.001 1506.002 1506.003 1506.004 1506.005 1506.006 1506.007 1506.008 1506.009 1506.010 1506.011 1506.051 1506.052 1506.053 1506.054 NextLast modified: September 28, 2016