Tex. Transp. Code § 441.178 · Subchapter I. BONDS
USE OF BOND PROCEEDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The district may use bond proceeds to:
(1) construct, acquire, or improve a road facility;
(2) pay an expense related to the road facility;
(3) pay, or establish a reasonable reserve to pay, not more than three years' interest on the district's bonds; and
(4) pay an expense related to issuance and sale of bonds as provided by the bond orders or resolutions.
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.441.htm
- Text hash
- sha256 612ab31aaad6e6ca6ba57da1e01ece617ea8d771440a5fd1facc491073fbb418
- 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.