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Texas Special District Local Laws Code

§ 1055.206 — MATURITY OF BONDS

SD § 1055.206Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1055. MARION COUNTY HOSPITAL DISTRICT · Art. E. BONDS AND OTHER FINANCIAL ARRANGEMENTS

Statute text

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General obligation bonds and revenue bonds must mature not later than 40 years after the date of issuance.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 1055.206 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.