Texas Statutes
Subchapter D. Certificates of Indebtedness to Finance Judgments or Settlements Related to Municipal Natural Gas System
Section 1501.154. Maturity

Sec. 1501.154. MATURITY. A certificate of indebtedness issued under this subchapter must mature not later than 20 years after its date.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

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Structure Texas Statutes

Texas Statutes

Government Code

Title 9 - Public Securities

Subtitle J - Specific Authority for Municipalities to Issue Securities

Chapter 1501 - Obligations for Municipal Utilities

Subchapter D. Certificates of Indebtedness to Finance Judgments or Settlements Related to Municipal Natural Gas System

Section 1501.151. Authority to Issue Certificates of Indebtedness

Section 1501.152. Notice of Intention to Issue Certificates of Indebtedness

Section 1501.153. Petition; Election

Section 1501.154. Maturity

Section 1501.155. Signatures; Seal

Section 1501.156. Sale of Certificates

Section 1501.157. Use of Proceeds

Section 1501.158. Imposition of Ad Valorem Tax