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

Tex. Special District Local Laws Code § 5018.0207: USE OF BOND PROCEEDS.

Where this section sits in the code

SPECIAL DISTRICT LOCAL LAWS CODE
TITLE 5. TRANSPORTATION
SUBTITLE A. NAVIGATION DISTRICTS AND PORT AUTHORITIES
CHAPTER 5018. ORANGE COUNTY NAVIGATION AND PORT DISTRICT OF ORANGE COUNTY, TEXAS
SUBCHAPTER E. BONDS

The board may appropriate or set aside out of the proceeds from the sale of any district bonds:

(1) an amount for the payment of interest expected to accrue during the period of construction of the improvements or facilities; and

(2) an amount necessary to pay all expenses incurred and to be incurred in the issuance, sale, and delivery of the bonds.

Added by Acts 2019, 86th Leg., R.S., Ch. 468 (H.B. 4172), Sec. 1.01, eff. April 1, 2021.

Collected 2026-08-27T01:47:41Z. Source file · JSON