Texas Statutes
§ 7502.205 — CAPITALIZED INTEREST AND DISCOUNT ON BONDS.
Texas § 7502.205
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 7502.205 (CAPITALIZED INTEREST AND DISCOUNT ON BONDS.) 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. Special District Local Laws Code Code Ann. § 7502.205 (2026).
Text
Sec. 7502.205. CAPITALIZED INTEREST AND DISCOUNT ON BONDS.
(a)Capitalized interest on bonds issued under this subchapter may not exceed two years.
(b)A discount on bonds issued under this subchapter may not exceed five percent of the par value of the bonds.
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Legislative History
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019 ), Sec. 1.05, eff. April 1, 2007.
Nearby Sections
15
§ 7502.001
DEFINITIONS.§ 7502.003
LEGISLATIVE FINDINGS.§ 7502.004
AUTHORITY BOUNDARIES.§ 7502.051
COMPOSITION.§ 7502.052
QUALIFICATIONS.§ 7502.054
RECOMMENDATION BY LANDOWNERS.§ 7502.056
VACANCIES.§ 7502.057
COMPENSATION.§ 7502.058
REGULAR BOARD MEETINGS.§ 7502.102
GENERAL POWERS OF BOARD.§ 7502.103
AWARD OF CERTAIN CONTRACTS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 7502.205, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/7502.205.