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Tex. Water Code § 15.203

ELIGIBLE BONDS

Texas · Texas Water Code · Status: effective

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Tex. Water Code § 15.203, ELIGIBLE BONDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/579253
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(a) Only revenue, general obligation, tax, or combination bonds issued by a political subdivision or a water supply corporation for a project qualifying for assistance under this subchapter and board rules are eligible to be insured under the program. (b) Bonds issued for a term longer than 50 years are not eligible to be insured under the program.