Sec. 2203.356. TERMS OF ISSUANCE  


Latest version.
  • (a) Bonds issued under this subchapter may be issued at a public or private sale.

    (b) Bonds must:

    (1) be issued in the name of the association; and

    (2) mature not more than 10 years after the date issued.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 2, eff. April 1, 2007.