Texas § 66.313 FORM OF BONDS.

Texas Statutes

§ 66.313 — FORM OF BONDS.

Texas § 66.313

Code WAWater Code

This text of Texas § 66.313 (FORM OF 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. Water Code Code Ann. § 66.313 (2026).

Text

Sec. 66.313. FORM OF BONDS.

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

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

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

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

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

Sec. 66.313. FORM OF BONDS. (a) The district may issue its bonds in various series or issues.
(b) Bonds may mature serially or otherwise not more than 50 years from their date and shall bear interest at any rate or rates permitted by the constitution and laws of this state.
(c) The district's bonds and interest coupons, if any, are investment securities under the terms of Chapter 8 of the Business & Commerce Code and may be issued registrable as to principal or as to both principal and interest or may be issued in book entry form and may be made redeemable before maturity at the option of the district or may contain a mandatory redemption provision.
(d) The district's bonds 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.