Texas Government Code Title 9, Chapter 1204 - Interest Rate

• Texas Section 1204.001 - Definitions
  In this chapter: (1) "Floating rate public security" means a public security or a portion of a public security that bears a rate of interest...
• Texas Section 1204.002 - Applicability
  (a) A provision of this chapter concerning the sale price of a public security or the maximum rate of interest that a public security may...
• Texas Section 1204.003 - Computation Of Public Security Years
  (a) Public security years are computed for each separate public security that is part of an issue or series of public securities by dividing the...
• Texas Section 1204.004 - Computation Of Net Interest Cost
  (a) In this section: (1) "Discount" means an amount equal to the principal amount at par value of an issue or series of public securities...
• Texas Section 1204.005 - Computation Of Net Effective Interest Rate
  (a) The net effective interest rate of an issue or series of public securities is computed by dividing the net interest cost of the issue...
• Texas Section 1204.006 - Maximum Interest Rate
  (a) The maximum rate of interest for any issue or series of public securities, including an issue or series that is issued in exchange for...
• Texas Section 1204.007 - Maximum Interest Rate For Certain Public Securities
  (a) Public securities authorized by an election held before April 15, 1981, may be issued, may be sold, and may bear interest as provided by...

Last modified: September 28, 2016