Sec. 281.076. BOND PROCEEDS. The board may appropriate or set aside from the proceeds from the sale of bonds an amount for the payment of interest, administrative and operating expenses expected to accrue during the period of construction as provided in the bond resolutions, and expenses incurred and that will be incurred in the issuance, sale, and delivery of the bonds.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Section: Previous 281.059 281.060 281.061 281.062 281.071 281.072 281.073 281.074 281.075 281.076 281.077 281.078 281.079 281.091 281.092 NextLast modified: September 28, 2016