(a) The board shall deposit the proceeds from the sale of the bonds issued under this subchapter in the fund.
(b) The board may use the proceeds from the sale of the bonds to pay the costs of issuing, marketing, or distributing the bonds.
Tex. Educ. Code § 56.134
PROCEEDS
Added by Acts 1991, 72nd Leg., ch. 330, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.