Sec. 3886.204. BOND MATURITY. Bonds must mature not more than 40 years from their date of issuance.
Added by Acts 2009, 81st Leg., R.S., Ch. 1077 (H.B. 4752), Sec. 1, eff. September 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 4 - Development and Improvement
Subtitle C - Development, Improvement, and Management
Chapter 3886 - Prosper Management District No. 1
Subchapter E. Bonds and Other Obligations
Section 3886.201. Authority to Issue Bonds and Other Obligations
Section 3886.202. Taxes for Bonds
Section 3886.203. Bond Issuance Plan Required Before Issuing Bonds