{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8506.206","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8506.206","heading":"DEPOSIT OF PROCEEDS.","body":"The proceeds of sale of authority bonds shall be deposited in one or more banks or trust companies, and shall be paid out according to the terms, on which the authority and the purchasers of the bonds agree.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.05, eff. April 1, 2017.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE G. RIVER AUTHORITIES","CHAPTER 8506. UPPER COLORADO RIVER AUTHORITY","SUBCHAPTER E. OBLIGATIONS RELATING TO BORROWED MONEY OR GRANTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8506.htm#8506.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"bd96ee6d60dbf9e59a6d3c33d31eaa5144223e3f6d522b83742828584c22d36e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8506.205","next":"us-tx/tex.-special-district-local-laws-code-8506.207"},"notice":"GroundRules: Original legal text. Not legal advice."}