Texas Statutes

§ 8274.203 — USE OF BOND PROCEEDS DURING CONSTRUCTION.

Texas § 8274.203
JurisdictionTexas
Code SDSpecial District Local Laws Code

This text of Texas § 8274.203 (USE OF BOND PROCEEDS DURING CONSTRUCTION.) 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. § 8274.203 (2026).

Text

Sec. 8274.203. USE OF BOND PROCEEDS DURING CONSTRUCTION.

(a)The district may appropriate or set aside out of the proceeds from the sale of any bonds issued under this chapter an amount for the payment of interest, administrative, and operating expenses expected to accrue during a period of construction, as may be provided in the bond orders or resolutions.
(b)For purposes of this section, the period of construction may not exceed three years.

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Legislative History

Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619 ), Sec. 1.04, eff. April 1, 2011.

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Bluebook (online)
Texas § 8274.203, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/8274.203.