Tex. Parks & Wild. Code § 21.105 · Subchapter B. FUNDING PROVISIONS
INTEREST AND SINKING FUND.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The Texas park development bonds interest and sinking fund, referred to as the "interest and sinking fund," is created to be used exclusively for:
(1) paying the principal of Texas Park Development Bonds as they mature;
(2) paying the interest on the bonds as it comes due; and
(3) paying exchange and collection charges in connection with the bonds.
Notes and commentary — not statutory text
History
Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/PW/htm/PW.21.htm
- Text hash
- sha256 5d6eb566798ce91c761d6219426edfb138565c2be4d269bc067d107efe2d1364
- 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.