Section 1503.055. Maturity

TX Govt Code § 1503.055 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 1503.055. MATURITY. 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.

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