Tex. Nat. Res. Code § 161.176 · Subchapter E. VETERANS' LAND FUND
USE OF FUND TO PAY BOND EXPENSES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board may use money in the fund attributable to bonds issued and sold to pay:
(1) legal fees and fees for financial advice necessary in the opinion of the board to the sale of bonds;
(2) the expense of publishing notice of sale of an installment of bonds;
(3) the expense of printing the bonds;
(4) the expenses of issuance of the bonds, including the actual costs of travel, lodging, and meals of board members, officers or employees of the board, the comptroller, and the attorney general that are necessary in the opinion of the board to effectuate the issuance, rating, and delivery of the bonds;
(5) the cost of manually signing the bonds;
(6) remuneration to any agent employed by the board to pay the principal of and interest on the bonds;
(7) any amounts required to be paid to maintain the federal tax exemption of interest on the bonds; and
(8) all other costs, fees, and expenses relating to the issuance of the bonds.
Notes and commentary — not statutory text
History
Acts 1977, 65th Leg., p. 2663, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1989, 71st Leg., ch. 720, Sec. 3, eff. June 14, 1989; Acts 1993, 73rd Leg., ch. 242, Sec. 1.21, eff. Aug. 30, 1993; Acts 1997, 75th Leg., ch. 1423, Sec. 14.18, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/NR/htm/NR.161.htm
- Text hash
- sha256 60298daec9511408862cd705c6fc96535076f202115649f7888cc508a7cdf0ad
- 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
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.