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2025 Texas Statutes
Water Code
Title 4 - General Law Districts
Chapter 56 - Drainage Districts
Subchapter K. Consolidation of Districts
Section 56.809. Unexpended Bond Proceeds
Universal Citation:
TX Water Code § 56.809 (2025)
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Sec. 56.809. UNEXPENDED BOND PROCEEDS. Any money received from the sale of bonds by a consolidating district that has not been spent before the date of consolidation may be spent by the consolidated district only on the project for which the bonds were issued.
Added by Acts 1999, 76th Leg., ch. 222, Sec. 12, eff. Sept. 1, 1999.
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