Tex. Transp. Code § 365.038 · Subchapter C. FINANCIAL PROVISIONS
COUNTY PAYMENTS RELATING TO DISTRICT BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A county in which a district is located may pay:
(1) part of the principal or redemption price of or interest on the district's bonds; or
(2) the cost of operating or maintaining the district's toll road project.
(b) The county may establish or maintain a reserve fund or a depreciation and replacement fund for the district's bonds or toll road project as a supplement to the district's pledge of revenue for those purposes or instead of a pledge of the district's revenue or taxes.
Notes and commentary — not statutory text
History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/TN/htm/TN.365.htm
- Text hash
- sha256 47333589d18727ade6d2ef10b1defddc0b87506fc692e8fe91d9b6633a856292
- 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.