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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Parks and Wildlife Code § 21.105: INTEREST AND SINKING FUND.

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Where this section sits in the code
  1. PARKS AND WILDLIFE CODE
  2. TITLE 3. PARKS
  3. CHAPTER 21. TEXAS PARK DEVELOPMENT FUND
  4. SUBCHAPTER B. FUNDING PROVISIONS

The Texas park development bonds interest and sinking fund, referred to as the "interest and sinking fund," is created to be used exclusively for:

(1) paying the principal of Texas Park Development Bonds as they mature;

(2) paying the interest on the bonds as it comes due; and

(3) paying exchange and collection charges in connection with the bonds.

Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.

Collected 2026-08-27T01:47:32Z. Source file · JSON

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