TERMS.
Tex. HEALTH & SAFETY Code § 285.025.
in effect(a) Bonds issued under this subchapter must mature serially or otherwise not more than 40 years after they are issued. The bonds may:
(1) be sold at a price and under terms that the commissioners court considers the most advantageous reasonably obtainable; and
(2) be made callable before maturity at times and prices prescribed in the order authorizing the bonds.
(b) The bonds may not bear interest at a rate greater than that allowed by Chapter 1204 , Government Code.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.263, eff. Sept. 1, 2001.