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Texas Water Code - WATER § 58.396. Loans Accomplished by Sale of District Bonds

Current as of January 01, 2024 | Updated by FindLaw Staff

If the loan is secured by the sale of district bonds, the district may enter into an obligation to be conditioned conformably with the usages of investment banking to repurchase the bonds within the five-year period immediately following the date of the loan.

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Cite this article: FindLaw.com - Texas Water Code - WATER § 58.396. Loans Accomplished by Sale of District Bonds - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-58-396/

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