yourstate.us
Home / Texas / Special District Local Laws Code
Tex. Special District Local Laws Code § 5004.206

USE OF BOND PROCEEDS

Texas · Texas Special District Local Laws Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Special District Local Laws Code § 5004.206, USE OF BOND PROCEEDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/601756
Permanent ID
ys:prov:601756@1
SHA-256
b315289717fe712491457d5d00724c0070f1e2defbad32d525159bd0e76e0b27

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

The board may appropriate or set aside an amount of proceeds from the sale of any district bonds for: (1) the payment of interest expected to accrue during construction of the improvements or facilities; (2) reserve funds; and (3) expenses incurred and to be incurred in the issuance, sale, and delivery of the bonds.