Texas Statutes
§ 8501.267 — USE OF UNSPENT PROCEEDS AFTER PROJECT COMPLETION.
Texas § 8501.267
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 8501.267 (USE OF UNSPENT PROCEEDS AFTER PROJECT COMPLETION.) 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. § 8501.267 (2026).
Text
Sec. 8501.267. USE OF UNSPENT PROCEEDS AFTER PROJECT COMPLETION. Any part of the proceeds of the sale of an obligation issued under this chapter that are unspent after the project for which the obligations were authorized is completed may be paid into the sinking fund for the payment of the obligation and may be used only for:
(1)the payment of the principal of the obligation; or
(2)the purpose of acquiring outstanding obligations by purchase in the manner provided by this chapter.
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Legislative History
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Nearby Sections
15
§ 8501.001
DEFINITIONS.§ 8501.0015
APPLICATION OF SUNSET ACT.§ 8501.002
WATER RIGHTS NOT AFFECTED.§ 8501.003
REGULAR OFFICE OF AUTHORITY.§ 8501.004
RECORDS.§ 8501.005
LIBERAL CONSTRUCTION.§ 8501.051
CREATION AND NATURE OF AUTHORITY.§ 8501.052
TERRITORY.§ 8501.101
MEMBERSHIP OF BOARD.§ 8501.1011
TRAINING REQUIRED FOR BOARD MEMBERS.§ 8501.102
TERMS.§ 8501.103
VACANCY.§ 8501.104
OATH AND BOND REQUIREMENT FOR DIRECTOR.§ 8501.105
COMPENSATION OF DIRECTORS.§ 8501.106
QUORUM RELATING TO CONSTRUCTION MATTERS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 8501.267, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/8501.267.