Tex. Transp. Code § 257.122

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 257.122 - Interest Rate and Maturity of Bonds

Bonds issued under this subchapter shall mature not later than the 40th anniversary of the date of their issuance and shall bear interest at a rate not to exceed that provided by Chapter 1204, Government Code.

Tex. Transp. Code § 257.122

Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.385, eff. Sept. 1, 2001

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.