Texas § 22.036 PAYMENT OF INTEREST AND EXPENSES.

Texas Statutes

§ 22.036 — PAYMENT OF INTEREST AND EXPENSES.

Texas § 22.036

Code PWParks and Wildlife Code

This text of Texas § 22.036 (PAYMENT OF INTEREST AND EXPENSES.) 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. Parks and Wildlife Code Code Ann. § 22.036 (2026).

Text

Sec. 22.036. PAYMENT OF INTEREST AND EXPENSES. The department may set aside amounts from the proceeds of the sale of a bond issue for:

(1)the payment of interest anticipated to accrue during the construction period;

(2)a deposit into the reserve for the interest and sinking fund to the extent prescribed in the authorizing proceedings; and

(3)payment of attorney's fees, engineer's fees, and expenses of the issuance and sale of bonds, including the fees of fiscal agents or financial advisors.

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Sec. 22.036. PAYMENT OF INTEREST AND EXPENSES. The department may set aside amounts from the proceeds of the sale of a bond issue for:
(1) the payment of interest anticipated to accrue during the construction period;
(2) a deposit into the reserve for the interest and sinking fund to the extent prescribed in the authorizing proceedings; and
(3) payment of attorney's fees, engineer's fees, and expenses of the issuance and sale of bonds, including the fees of fiscal agents or financial advisors.