District bonds must mature not later than the 50th anniversary of the date of their issuance and must bear interest at a rate not to exceed that provided by Chapter 1204, Government Code.
Tex. Health & Safety Code § 287.144
INTEREST AND MATURITY
Added by Acts 1999, 76th Leg., ch. 1293, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.