Current as of April 14, 2021 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
The Texas park development bonds interest and sinking fund, referred to as the “interest and sinking fund,” is created to be used exclusively for:
(1) paying the principal of Texas Park Development Bonds as they mature;
(2) paying the interest on the bonds as it comes due; and
(3) paying exchange and collection charges in connection with the bonds.
Cite this article: FindLaw.com - Texas Parks and Wildlife Code - PARKS & WILD § 21.105. Interest and Sinking Fund - last updated April 14, 2021 | https://codes.findlaw.com/tx/parks-and-wildlife-code/parks-wild-sect-21-105.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?