Texas Special District Local Laws Code § 9059.205 Use Of Bond Proceeds

Sec. 9059.205. USE OF BOND PROCEEDS. The district may appropriate and pay from the proceeds of the sale of bonds the interest to accrue on the bonds for a period not to exceed three years from their date.

Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff. April 1, 2017.


Text of section effective on April 01, 2017


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Last modified: September 28, 2016