Texas Statutes
§ 54.521 — USE OF BOND PROCEEDS TO PAY CERTAIN INTEREST.
Texas § 54.521
JurisdictionTexas
Code WAWater Code
This text of Texas § 54.521 (USE OF BOND PROCEEDS TO PAY CERTAIN INTEREST.) 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. Water Code Code Ann. § 54.521 (2026).
Text
Sec. 54.521. USE OF BOND PROCEEDS TO PAY CERTAIN INTEREST. The district may use bond proceeds to pay or to establish a reasonable reserve to pay not more than three years' interest on the notes and bonds of the district as provided in the bond orders or resolutions.
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Legislative History
Added by Acts 1979, 66th Leg., p. 882, ch. 402, Sec. 1, eff. Aug. 27, 1979.
Nearby Sections
15
§ 54.001
DEFINITIONS.§ 54.011
CREATION OF DISTRICT.§ 54.012
PURPOSES OF A DISTRICT.§ 54.013
COMPOSITION OF DISTRICT.§ 54.014
PETITION.§ 54.015
CONTENTS OF PETITION.§ 54.016
CONSENT OF CITY.§ 54.0161
REVIEW OF CREATION BY COUNTY.§ 54.020
HEARING.§ 54.021
GRANTING OR REFUSING PETITION.§ 54.022
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Bluebook (online)
Texas § 54.521, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/54.521.