Tex. Spec. Dist. Local Laws Code § 8512.0506 · Subchapter E. BORROWED MONEY AND GRANTS

DEPOSIT OF PROCEEDS.

Verbatim from the official edition

Not yet in force

Text of section effective on April 01, 2027

Text — Current through the 89th 2nd Called Legislative Session, 2025

The proceeds of sale of authority bonds shall be deposited in one or more banks or trust companies, and shall be paid out according to the terms, on which the authority and the purchasers of the bonds agree.

Notes and commentary — not statutory text

History

Added by Acts 2025, 89th Leg., R.S., Ch. 203 (H.B. 1615), Sec. 1.02, eff. April 1, 2027.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8512.htm
Text hash: sha256 85fe6b8ef676ec0219f42ce7e98bf37b94535fbb8ce4ac727345684d69dcb8ef
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.