Texas § 1472.006 USE OF FUNDS ESTABLISHED FOR BONDS BEING REFUNDED.

Texas Statutes

§ 1472.006 — USE OF FUNDS ESTABLISHED FOR BONDS BEING REFUNDED.

Texas § 1472.006

Code GVGovernment Code

This text of Texas § 1472.006 (USE OF FUNDS ESTABLISHED FOR BONDS BEING REFUNDED.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 1472.006 (2026).

Text

Sec. 1472.006. USE OF FUNDS ESTABLISHED FOR BONDS BEING REFUNDED. On cancellation of the bonds being refunded, the commissioners court may use money in any fund established by the resolution or order authorizing the issuance of the bonds to be refunded:

(1)to pay the principal of and accrued interest on the bonds to be refunded;

(2)to pay any required redemption premium;

(3)to make a payment into the road and bridge fund of the county; or

(4)for any other lawful purpose.

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Sec. 1472.006. USE OF FUNDS ESTABLISHED FOR BONDS BEING REFUNDED. On cancellation of the bonds being refunded, the commissioners court may use money in any fund established by the resolution or order authorizing the issuance of the bonds to be refunded:
(1) to pay the principal of and accrued interest on the bonds to be refunded;
(2) to pay any required redemption premium;
(3) to make a payment into the road and bridge fund of the county; or
(4) for any other lawful purpose.