TERMS — Texas Code § HS.362.033
Texas Code § HS.362.033 — TERMS. Reproduced from the official The Texas Constitution, with a citation summary, verification link, and related provisions.
§ HS.362.033. TERMS
TERMS. Bonds issued under this chapter must mature serially or in another manner not more than 40 years after they are issued. The bonds may: (1) bear interest at a fixed, floating, or other type of rate, and be sold at public or private sale at a price or under terms that the issuer's governing body determines to be the most advantageous reasonably obtainable; (2) be made callable before maturity at times and prices prescribed by the issuer's governing body; (3) be in coupon form; and (4) be registrable as to principal or as to principal and interest. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source: official Texas text · Last verified 2026-08-27
At a glance
- Citation: The Texas Constitution § HS.362.033
- Jurisdiction: Texas
- Code: The Texas Constitution
- Subject: TERMS
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official The Texas Constitution. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Texas attorney.
Common questions
What is the source of The Texas Constitution § HS.362.033?
The text above is transcribed from the The Texas Constitution, the codified statutes of Texas. The official publisher link appears under "Verify the text" on this page.
What subject does The Texas Constitution § HS.362.033 address?
It addresses "TERMS". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is The Texas Constitution § HS.362.033 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Texas source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Texas law to your facts requires a licensed Texas attorney who can review the specifics.