Tex. Spec. Dist. Local Laws Code § 8274.202 · Subchapter E. BONDS
USE OF BOND PROCEEDS OUTSIDE DISTRICT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The proceeds from the sale of tax-supported district bonds may not be spent outside the district unless the expenditure is absolutely necessary to the operation of the district in the exercise of the district's rights, powers, privileges, and functions.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.04, eff. April 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8274.htm
- Text hash
- sha256 ae9e80fa99301de848979ca3ff5ccf02506aa8a3360c69c9a7300c6784cd2dfe
- 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.