Texas § NR.162.034 - PAYMENT AND MATURITY OF BONDS
Full text of Texas The Texas Constitution § NR.162.034 — PAYMENT AND MATURITY OF BONDS, with citation guidance and answers to common questions.
§ NR.162.034. PAYMENT AND MATURITY OF BONDS
PAYMENT AND MATURITY OF BONDS. (a) The bonds shall be payable as provided by the board and shall mature serially or otherwise not later than 40 years from the date of their issuance. (b) The board may make the bonds redeemable or subject to tender for purchase before maturity at the price and under the terms and conditions fixed by the board in the resolution providing for the issuance and sale of the bonds. Added by Acts 1983, 68th Leg., p. 547, ch. 115,
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § NR.162.034
What does The Texas Constitution § NR.162.034 cover?
Section NR.162.034 ("PAYMENT AND MATURITY OF BONDS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § NR.162.034?
A common citation format is "The Texas Constitution § NR.162.034" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § NR.162.034 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.