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Tex. Gov't Code § 1503.055

MATURITY

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff

Warrants issued under this subchapter must mature annually in such amounts so that the aggregate amount of principal and interest due in each year is substantially equal over a period not to exceed 30 years after their date.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.