Texas Water Code
§ 17.175 — BOND MATURITY
WA § 17.175Title 2. WATER ADMINISTRATION · Part C. WATER DEVELOPMENT · Ch. 17. PUBLIC FUNDING · Art. E. PROVISIONS GENERALLY APPLICABLE TO FINANCIAL ASSISTANCE
Statute text
View on sourceThe board may not purchase bonds or other securities which have a maturity date more than 50 years from the date of issuance.
Legislative history
Amended by Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987.