{"data":{"id":"us-tx/tex.-transportation-code-441.179","jurisdiction":"us-tx","citation":"Tex. Transportation Code § 441.179","heading":"DISPOSITION OF PROCEEDS.","body":"The district shall deposit the part of the purchase money of bonds that represents capitalized interest in a special account in the district depository and use that money to pay interest that comes due on bonds. Money remaining in that account after payment of the costs of issuance of the bonds shall be transferred to the credit of the regular account of the district in the district depository.\nActs 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.","path":["TRANSPORTATION CODE","TITLE 6. ROADWAYS","SUBTITLE J. ROAD UTILITY DISTRICTS","CHAPTER 441. ROAD UTILITY DISTRICTS","SUBCHAPTER I. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/TN/htm/TN.441.htm#441.179","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:44Z","sha256":"4ba1d50508ecf2ac76ef8c5be4fb21abc8ee827673dca7cace0d6da480b18aa2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-transportation-code-441.178","next":"us-tx/tex.-transportation-code-441.180"},"notice":"GroundRules: Original legal text. Not legal advice."}