Texas Statutes (Last Updated: January 4, 2014) |
WATER CODE |
Title 2. WATER ADMINISTRATION |
Subtitle C. WATER DEVELOPMENT |
Chapter 20. TEXAS WATER RESOURCES FINANCE AUTHORITY |
Subchapter E. BOND PROCEDURES |
Sec. 20.106. INVESTMENT SECURITIES
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The bonds and any interest coupons are investment securities under Chapter 8, Business & Commerce Code, and may be issued registrable as to principal or as to both principal and interest or may be made redeemable before maturity at the option of the authority or may contain a mandatory redemption provision.
Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 1987.