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

Tex. Water Code § 54.521: USE OF BOND PROCEEDS TO PAY CERTAIN INTEREST.

Where this section sits in the code

WATER CODE
TITLE 4. GENERAL LAW DISTRICTS
CHAPTER 54. MUNICIPAL UTILITY DISTRICTS
SUBCHAPTER F. ISSUANCE OF BONDS

The district may use bond proceeds to pay or to establish a reasonable reserve to pay not more than three years' interest on the notes and bonds of the district as provided in the bond orders or resolutions.

Added by Acts 1979, 66th Leg., p. 882, ch. 402, Sec. 1, eff. Aug. 27, 1979.

Collected 2026-08-27T01:47:48Z. Source file · JSON

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