22.026 – MATURITY OF BONDS. The bonds may mature, serially
Texas Parks and Wildlife Code § 22.026
Summary
This law allows bonds issued under the Texas Parks and Wildlife Code to mature over a period of up to 40 years. It provides flexibility in the maturity schedule, permitting serial or other forms of maturity. This affects entities involved in financing through bonds for parks and wildlife projects.
Bonds can mature serially or otherwise.
Maturity period is up to 40 years.
Applicable to financing for parks and wildlife projects.
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In simple terms: Learn about Texas's MATURITY OF BONDS. The bonds may mature, serially 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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