Unexpended Bond Proceeds

Tex. Water Code § 56.809, under Chapter 56.

Tex. Water Code § 56.809

Sec. 56.809. UNEXPENDED BOND PROCEEDS. Any money received from the sale of bonds by a consolidating district that has not been spent before the date of consolidation may be spent by the consolidated district only on the project for which the bonds were issued. Added by Acts 1999, 76th Leg., ch. 222, Sec. 12, eff. Sept. 1, 1999.