Texas Statutes
§ 221.064 — SALE.
Texas § 221.064
JurisdictionTexas
Code HSHealth and Safety Code
This text of Texas § 221.064 (SALE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Health and Safety Code Code Ann. § 221.064 (2026).
Text
Sec. 221.064. SALE.
(a)A development corporation shall sell at a public or private sale the bonds at the price it determines.
(b)The net effective interest rate on the bonds, computed according to Chapter 1204 , Government Code, may not exceed the maximum annual interest rate established for business loans of $250,000 or more in this state.
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Legislative History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.249, eff. Sept. 1, 2001.
Nearby Sections
15
§ 221.001
SHORT TITLE.§ 221.002
PURPOSE; CONSTRUCTION.§ 221.003
DEFINITIONS.§ 221.004
ADOPTION OF ALTERNATE PROCEDURE.§ 221.005
EFFECT OF CHAPTER ON OTHER LAW.§ 221.011
AUTHORITY TO CREATE.§ 221.012
PROCEDURE.§ 221.013
ARTICLES OF INCORPORATION.§ 221.014
CERTIFICATE OF INCORPORATION.§ 221.015
ORGANIZATIONAL MEETING.§ 221.017
CERTIFICATE OF AMENDMENT.§ 221.018
RESTATED ARTICLES OF INCORPORATION.§ 221.020
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Bluebook (online)
Texas § 221.064, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/HS/221.064.