Statutes, codes, and regulations
Texas Codes
LOCAL GOVERNMENT CODETitle 9 - PUBLIC BUILDINGS AND GROUNDSSubtitle C - PUBLIC BUILDING PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENTChapter 303 - PUBLIC FACILITY CORPORATIONS
Subchapter C - BONDS
Section 303.073 - Terms

Tex. Loc. Gov't Code § 303.073

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Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 303.073 - Terms
(a) A bond issued under this chapter must mature not later than 40 years after its date.
(b) Bonds issued under this chapter may be sold in any manner authorized by the corporation and permitted by Chapter 1201, Government Code.
(c) The interest rate on the bonds may be determined by a formula or index or in accordance with a contract or other arrangement for the periodic determination of interest rates.

Tex. Loc. Gov't. Code § 303.073

Added by Acts 1999, 76th Leg., ch. 227, Sec. 11, eff. 9/1/1999.