Tex. Gov't Code Section 1503.055
Maturity


Warrants issued under this subchapter must mature annually in such amounts so that the aggregate amount of principal and interest due in each year is substantially equal over a period not to exceed 30 years after their date.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.

Source: Section 1503.055 — Maturity, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­1503.­htm#1503.­055 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 1503.055’s source at texas​.gov