Interest Rate and Maturity Date

Tex. Water Code § 55.403, under Water Improvement Districts.

Tex. Water Code § 55.403

Sec. 55.403. INTEREST RATE AND MATURITY DATE. Bonds issued under this subchapter shall mature not more than five years after the date of issuance. Acts 1971, 62nd Leg., p. 459, ch. 58, Sec. 1, eff. Aug. 30, 1971.