Government Code § 1204.006
Public securities generally cannot bear a net effective interest rate above 15%, and a public agency may issue and sell them at any price if the rate stays within that cap.
AI-assisted research synopsis — verify against the official legal text below.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
interest rate public securities
Publicly available, excluded from search-engine indexing
This page remains available for direct access and API use, but this release emits
noindex,follow for the following reason:
- The record does not meet this release's canonical indexing criteria.
(emergency-noindex)
Statute overview
About this statute
This page preserves the statute’s identified version, provision structure, official source link, and stored legal text for reading and research.
Ask AI about this statute
Government Code § 1204.006
Sign in to ask AI about this statute
Sign in to start authenticated, citation-grounded statute research.
Sign in