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

Tex. Transportation Code § 365.004: USE OF CERTAIN INTEREST.

Where this section sits in the code

TRANSPORTATION CODE
TITLE 6. ROADWAYS
SUBTITLE G. TURNPIKES AND TOLL PROJECTS
CHAPTER 365. ROAD DISTRICT TOLL ROADS
SUBCHAPTER A. GENERAL PROVISIONS

A district may use interest earned on its construction account for a purpose for which the district's financing documents permit the construction account to be used. For this purpose, the district's governing body may redeposit into the construction account any interest that has been transferred to the credit of an interest and sinking account.

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Collected 2026-08-27T01:47:44Z. Source file · JSON

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