Tex. Parks & Wild. Code § 22.025

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 22.025 - Interest on Bonds

Interest on the bonds may not exceed six percent per year, computed with relation to the absolute maturity of the bonds in accordance with standard bond interest tables currently in use by insurance companies and investment houses, excluding from the computation the amount of any premium to be paid on redemption of any bonds prior to maturity.

Tex. Parks and Wild. § 22.025

Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. 9/1/1975.