Bonds shall mature serially or otherwise within the period and at the times which may be prescribed in the resolution, but not to exceed a maximum of 50 years.
Official text of the Texas Water Code as published by the Texas Legislative Council.
Water Code › Title 4 › Chapter 60 › Subchapter M
Texas Water Code § 60.334
Maturity of Bonds
Navigation Districts--General Provisions · Tax Bonds, Revenue Bonds, and Combination Tax and Revenue Bonds
Legislative history
Added by Acts 1973, 63rd Leg., p. 770, ch. 343, Sec. 1, eff. Aug. 27, 1973.