Tex. Spec. Dist. Local Laws Code § 8284.202 · Subchapter E. BONDS
USE OF BOND PROCEEDS DURING CONSTRUCTION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The district may appropriate or set aside out of the proceeds from the sale of any bonds issued under this chapter an amount for the payment of interest, administrative, and operating expenses expected to accrue during a period of construction, as may be provided in the bond orders or resolutions.
(b) For purposes of this section, the period of construction may not exceed three years.
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.8284.htm
- Text hash
- sha256 fa999f55f3702a46b0dfbae1cf641d2e4d9e555e6486aaa18808c02ea9315192
- 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.