{"data":{"id":"us-tx/tex.-natural-resources-code-221.048","jurisdiction":"us-tx","citation":"Tex. Natural Resources Code § 221.048","heading":"BOND PROCEEDS.","body":"If the use authorized by the order or resolution authorizing the issuance of a bond under Section 221.046, the bond proceeds may be used to:\n(1) pay interest on the bond during or after the acquisition or construction of an improvement project financed by the bond issue;\n(2) pay administrative and operation expenses;\n(3) create a reserve fund for payment of the principal of and interest on the bonds; or\n(4) create any other fund.\nAdded by Acts 1997, 75th Leg., ch. 165, Sec. 24.01(a), eff. Sept. 1, 1997.","path":["NATURAL RESOURCES CODE","TITLE 12. WETLANDS","CHAPTER 221. WETLAND MITIGATION","SUBCHAPTER C. PROVISIONS FOR POLITICAL SUBDIVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/NR/htm/NR.221.htm#221.048","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:28Z","sha256":"97d14d5883c43248d664c0d98ab47b06f8da8276b0eff0854b2cc0094e86a941","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-natural-resources-code-221.047","next":"us-tx/tex.-occupations-code-1.001"},"notice":"GroundRules: Original legal text. Not legal advice."}