Shallowater is a city in Lubbock County, Texas, United States. Shallowater is on U.S. Route 84 and the Burlington Northern Santa Fe line, twelve miles northwest of Lubbock, Texas. Population was 2,086 according to the 2000 census. It is part of the Lubbock Metropolitan Statistical Area.

What is bonds and government finance law?

A bond may be an obligation of a state, its subdivisions, or a private corporation to pay a stated amount of money after a stated amount of time. Attorneys may help with the issuance of general obligation bonds, revenue bonds, revenue and grant anticipation notes, assessment and tax increment bonds, certificates of participation and conduit securities where the proceeds of the securities are loaned to other governmental entities, corporations, partnerships, and qualified 501(c)(3) organizations for a variety of governmental, industrial, commercial, and charitable purposes.