Texas Statutes
§ 5004.206 — USE OF BOND PROCEEDS.
Texas § 5004.206
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 5004.206 (USE OF BOND PROCEEDS.) 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. Special District Local Laws Code Code Ann. § 5004.206 (2026).
Text
Sec. 5004.206. USE OF BOND PROCEEDS. The board may appropriate or set aside an amount of proceeds from the sale of any district bonds for:
(1)the payment of interest expected to accrue during construction of the improvements or facilities;
(2)reserve funds; and
(3)expenses incurred and to be incurred in the issuance, sale, and delivery of the bonds.
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166 ), Sec. 1.04, eff. April 1, 2009.
Nearby Sections
15
§ 5004.001
DEFINITIONS.§ 5004.002
NATURE OF DISTRICT.§ 5004.003
LEGISLATIVE FINDINGS.§ 5004.004
LIBERAL CONSTRUCTION OF CHAPTER.§ 5004.005
DISTRICT TERRITORY.§ 5004.051
COMPOSITION OF BOARD; TERMS.§ 5004.052
QUALIFICATIONS FOR OFFICE.§ 5004.053
APPOINTMENT OF DIRECTORS.§ 5004.054
BOND.§ 5004.055
FILING OF OATH.§ 5004.056
VACANCIES.§ 5004.057
COMPENSATION; EXPENSES.§ 5004.058
REMOVAL FROM OFFICE.§ 5004.059
OFFICERS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 5004.206, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/5004.206.