Tex. Water Code § 30.064 · Subchapter C. DISTRICT REVENUE BONDS

FUNDS SET ASIDE FROM BOND PROCEEDS.

Verbatim from the official edition

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

The district may set aside out of the proceeds from the sale of bonds:

(1) interest to accrue on the bonds and administrative expenses to the estimated date when the disposal system will become revenue producing; and

(2) reserve funds created by the resolution authorizing the bonds.

Notes and commentary — not statutory text

History

Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/WA/htm/WA.30.htm
Text hash: sha256 110f4300ebed099fd40126caef3f368e19d37d46d5a12a1ecb234e8d7a03101b
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.