{"data":{"id":"us-tx/tex.-government-code-2306.373","jurisdiction":"us-tx","citation":"Tex. Government Code § 2306.373","heading":"USE OF BOND PROCEEDS.","body":"The board may provide in a resolution authorizing the issuance of department bonds that part of the proceeds from the sale of the bonds may be used to:\n(1) pay the costs and expenses of issuing the bonds;\n(2) pay interest on the bonds during a period required by the board;\n(3) pay or repay the department's operation and maintenance expenses to the extent and for the period specified in the resolution; and\n(4) fund, increase, or restore any depletions of the reserve fund or of other reserves or funds for any purpose.\nAdded by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.","path":["GOVERNMENT CODE","TITLE 10. GENERAL GOVERNMENT","SUBTITLE G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS","CHAPTER 2306. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS","SUBCHAPTER Q. HOUSING FINANCE DIVISION BONDS: BOARD ACTION ON BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2306.htm#2306.373","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"641de46d597c2d86bc405605f7e63c70faf53e6cc303e433383544c6a2625570","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-2306.372","next":"us-tx/tex.-government-code-2306.374"},"notice":"GroundRules: Original legal text. Not legal advice."}