{"data":{"id":"us-tx/tex.-parks-and-wildlife-code-21.105","jurisdiction":"us-tx","citation":"Tex. Parks and Wildlife Code § 21.105","heading":"INTEREST AND SINKING FUND.","body":"The Texas park development bonds interest and sinking fund, referred to as the \"interest and sinking fund,\" is created to be used exclusively for:\n(1) paying the principal of Texas Park Development Bonds as they mature;\n(2) paying the interest on the bonds as it comes due; and\n(3) paying exchange and collection charges in connection with the bonds.\nActs 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.","path":["PARKS AND WILDLIFE CODE","TITLE 3. PARKS","CHAPTER 21. TEXAS PARK DEVELOPMENT FUND","SUBCHAPTER B. FUNDING PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/PW/htm/PW.21.htm#21.105","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:32Z","sha256":"6aedbcb333d371119063a7754720dd2d7479b2ce5f1f44098c6f791a607ecce0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-parks-and-wildlife-code-21.104","next":"us-tx/tex.-parks-and-wildlife-code-21.106"},"notice":"GroundRules: Original legal text. Not legal advice."}