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Texas Water Code - WATER § 30.064. Funds Set Aside From Bond Proceeds

Current as of January 01, 2024 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Texas Water Code - WATER § 30.064. Funds Set Aside From Bond Proceeds - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-30-064/

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