A county may use the proceeds of bonds or certificates of obligation issued to pay for a county construction project to pay for an owner-controlled insurance program under which the county establishes and administers a consolidated insurance program for the project if the county's order authorizing the issuance of the bonds or other certificates of obligation authorizes the establishment of the program.
Tex. Gov't Code § 1303.001
USE OF BOND PROCEEDS FOR OWNER-CONTROLLED INSURANCE PROGRAM
Added by Acts 2001, 77th Leg., ch. 564, 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.