Texas § 36.174 FORM OF BONDS OR NOTES.

Texas Statutes

§ 36.174 — FORM OF BONDS OR NOTES.

Texas § 36.174

Code WAWater Code

This text of Texas § 36.174 (FORM OF BONDS OR NOTES.) 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. Water Code Code Ann. § 36.174 (2026).

Text

Sec. 36.174. FORM OF BONDS OR NOTES.

(a)A district may issue its bonds or notes in various series or issues.

(b)Bonds or notes may mature serially or otherwise not more than 50 years from their date and shall bear interest at any rate permitted by the constitution and laws of this state.

(c)A district's bonds, notes, and interest coupons, if any, are investment securities under the terms of Chapter 8 , Business & Commerce Code, and may be issued registrable as to principal or as to both principal and interest and may be made redeemable before maturity, at the option of the district, or may contain a mandatory redemption provision.

(d)A district's bonds and notes may be issued in the form, denominations, and manner and under the terms, conditions, and details, and shall be signed and ex

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 36.174. FORM OF BONDS OR NOTES. (a) A district may issue its bonds or notes in various series or issues.
(b) Bonds or notes may mature serially or otherwise not more than 50 years from their date and shall bear interest at any rate permitted by the constitution and laws of this state.
(c) A district's bonds, notes, and interest coupons, if any, are investment securities under the terms of Chapter 8 , Business & Commerce Code, and may be issued registrable as to principal or as to both principal and interest and may be made redeemable before maturity, at the option of the district, or may contain a mandatory redemption provision.
(d) A district's bonds and notes may be issued in the form, denominations, and manner and under the terms, conditions, and details, and shall be signed and executed as provided by the board in the resolution or order authorizing their issuance.