{"data":{"id":"us-tx/tex.-government-code-1505.072","jurisdiction":"us-tx","citation":"Tex. Government Code § 1505.072","heading":"DISPOSITION OF CERTAIN SURPLUS MONEY.","body":"The governing body of the municipality may provide for the disposition of surplus money in the operation and maintenance account or a depreciation account by having the money:\n(1) transferred to the bond and interest redemption fund;\n(2) invested; or\n(3) otherwise disposed of.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES","CHAPTER 1505. OBLIGATIONS FOR COASTAL MUNICIPALITIES FOR COASTAL MATTERS","SUBCHAPTER B. BONDS FOR NAVIGATIONAL FACILITIES IN CERTAIN COASTAL MUNICIPALITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1505.htm#1505.072","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"1ebe1d47d2be9a2a91fe02768b9acb5f72e274a02f9fc9865d7a74b8369f8e4d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1505.071","next":"us-tx/tex.-government-code-1505.073"},"notice":"GroundRules: Original legal text. Not legal advice."}