FUNDS SET ASIDE FROM BOND PROCEEDS
Known as the Regional Waste Disposal Act
The act spans §§ 30–30 (42 sections).
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff
The district may set aside out of the proceeds from the sale of bonds:
(1) interest to accrue on the bonds and administrative expenses to the estimated date when the disposal system will become revenue producing; and
(2) reserve funds created by the resolution authorizing the bonds.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.