Maturity of Obligation

Tex. Transportation Code § 54.106, under Harbor and Port Facilities In Certain Municipalities.

Tex. Transportation Code § 54.106

Sec. 54.106. MATURITY OF OBLIGATION. An obligation issued under this chapter must mature not later than 40 years after its date. Added by Acts 1999, 76th Leg., ch. 227, Sec. 20, eff. Sept. 1, 1999.