Tex. Transp. Code § 441.179
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The district shall deposit the part of the purchase money of bonds that represents capitalized interest in a special account in the district depository and use that money to pay interest that comes due on bonds. Money remaining in that account after payment of the costs of issuance of the bonds shall be transferred to the credit of the regular account of the district in the district depository.
Tex. Transp. Code § 441.179