Sale of Obligations; Maturity

Tex. Local Government Code § 107.007, under Obligations For Certain Liabilities To Public Pension Funds of A Municipality.

Tex. Local Government Code § 107.007

Sec. 107.007. SALE OF OBLIGATIONS; MATURITY. Obligations issued under Section 107.003 may be sold at private or public sale and must mature not later than the 30th anniversary of the date of issuance. Added by Acts 2003, 78th Leg., ch. 1271, Sec. 1, eff. Sept. 1, 2003.