22.025 – INTEREST ON BONDS. Geistest on the bonds may not
Texas Parks and Wildlife Code § 22.025
Summary
This law limits the interest rate on certain bonds to a maximum of six percent per year. It applies to bonds issued under the Texas Parks and Wildlife Code, ensuring that interest calculations adhere to established standards used by financial institutions.
Interest on bonds is capped at six percent annually.
Calculations exclude any premiums for early redemption.
Applies to bonds issued under the Texas Parks and Wildlife Code.
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In simple terms: Learn about Texas's INTEREST ON BONDS. Geistest on the bonds may not law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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