Tex. Parks & Wild. Code § 21.107 · Subchapter B. FUNDING PROVISIONS
ADDITIONAL TRANSFERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) If the amount credited to the sinking and interest fund at the end of the fiscal year is insufficient to pay the interest coming due and the principal maturing on bonds for the next fiscal year, the comptroller shall transfer from the first money coming into the treasury, not otherwise appropriated by the constitution, an amount stipulated in the certification of the director as is necessary to pay the interest and principal on the bonds.
(b) The director shall certify the amount required to be stipulated by Subsection (a) of this section as of August 15 of each fiscal year.
Notes and commentary — not statutory text
History
Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 17.05, 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/PW/htm/PW.21.htm
- Text hash
- sha256 f895ac827d70fd6538a04350b774b8e5acd6b00d1f5805d3d5e4f4e81a881171
- 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.