Tex. Transp. Code § 365.004

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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.

Tex. Transp. Code § 365.004

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