Tex. Health & Safety Code § 264.047 · Subchapter D. BONDS
BOND PROCEEDS; INVESTMENT OF FUNDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board may set aside from the proceeds from the sale of bonds:
(1) an amount for payment of not more than two years' interest on the bonds;
(2) the amount required for operating expenses during the first year of operation as estimated by the board; and
(3) an amount to fund any bond reserve fund or other reserve funds provided for in the bond resolution or trust indenture.
(b) The bond proceeds may be deposited in banks and paid out under terms as provided in the bond resolution or trust indenture.
(c) The law relating to the security for and the investment of county funds controls, to the extent applicable, the investment of the authority's funds. The bond resolution or trust indenture may further restrict those investments. Additionally, the authority may invest its bond proceeds, until that money is needed, as authorized by the bond resolution or trust indenture.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.264.htm
- Text hash
- sha256 7572d029c94cbe0a24829fd778f9193ffa7d85b10ff3996711a813d2b277bba9
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 45 provisions
Provisions in this library whose text cites Tex. Health & Safety Code § 264.047. Each shows the citation as that text prints it.
Health and Safety Code
Special District Local Laws Code
- Tex. Spec. Dist. Local Laws Code § 1002.306REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1034.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1035.256REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1040.207REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1044.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1050.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1056.2035REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1058.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1063.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1064.254REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1067.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1072.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1073.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1076.205REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1077.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1078.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1079.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1081.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1082.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1084.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1086.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1087.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1088.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.044, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1090.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1091.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1093.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1095.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1098.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1099.256REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1100.256REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1101.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1102.205REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1103.2045REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1104.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1108.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1109.205REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1110.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1114.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1115.206REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1118.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.044, 264.045, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1120.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1121.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
- Tex. Spec. Dist. Local Laws Code § 1122.204REVENUE BONDS.Printed as Sections 264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health and Safety Code
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.