A bond resolution or order may provide for payment of interest at any time or the periodic determination of interest rates or interest rate periods.
Tex. Water Code § 17.874
PERIODIC DETERMINATION OF INTEREST
Added by Acts 1989, 71st Leg., ch. 1103, 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.