Deposit of Proceeds

Tex. Special District Local Laws Code § 8513.0704, under Chapter 8513.

Tex. Special District Local Laws Code § 8513.0704

Sec. 8513.0704. DEPOSIT OF PROCEEDS. The proceeds of sale of authority bonds may be deposited in one or more banks or trust companies and may be paid out according to the terms on which the authority and the purchasers of the bonds agree. Added by Acts 2025, 89th Leg., R.S., Ch. 240 (H.B. 2692), Sec. 1, eff. May 29, 2025.