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Texas Water Code - WATER § 58.810. Use by Trustee of Advance Payments of Tax

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

The order issuing the bonds shall provide that the bonds shall be called and redeemed by the trustee in the inverse order of their maturity and in the inverse order of their serial numbers.  They shall be paid out of any funds received in advance payment of taxes that are not required for meeting any past-due and unpaid principal and interest or the next maturing installment of principal and interest.

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Cite this article: FindLaw.com - Texas Water Code - WATER § 58.810. Use by Trustee of Advance Payments of Tax - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-58-810/

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