Tex. Transp. Code Section 365.004
Use of Certain Interest

A district may use interest earned on its construction account for a purpose for which the district’s financing documents permit the construction account to be used. For this purpose, the district’s governing body may redeposit into the construction account any interest that has been transferred to the credit of an interest and sinking account.

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 365.004 — Use of Certain Interest, https://statutes.capitol.texas.gov/Docs/TN/htm/TN.365.htm#365.004 (accessed Jun. 5, 2024).

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Jun. 5, 2024

§ 365.004’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._transp._code_section_365.004

Original Source: Section 365.004 — Use of Certain Interest, https://statutes.capitol.texas.gov/Docs/TN/htm/TN.365.htm#365.004 (last accessed Jun. 5, 2024).

Tex. Transp. Code Section 365.004 Use of Certain Interest

Tex. Transp. Code Section 365.004
Use of Certain Interest