Tex. Natural Resources Code § 161.176
This is the official text of Tex. Natural Resources Code § 161.176, part of Texas’s Natural Resources Code — governs land, minerals, and natural resource management.
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§ 161.176. USE OF FUND TO PAY BOND EXPENSES.
Official statutory text
The board may use money in the fund attributable to bonds issued and sold to pay:
(1) legal fees and fees for financial advice necessary in the opinion of the board to the sale of bonds;
(2) the expense of publishing notice of sale of an installment of bonds;
(3) the expense of printing the bonds;
(4) the expenses of issuance of the bonds, including the actual costs of travel, lodging, and meals of board members, officers or employees of the board, the comptroller, and the attorney general that are necessary in the opinion of the board to effectuate the issuance, rating, and delivery of the bonds;
(5) the cost of manually signing the bonds;
(6) remuneration to any agent employed by the board to pay the principal of and interest on the bonds;
(7) any amounts required to be paid to maintain the federal tax exemption of interest on the bonds; and
(8) all other costs, fees, and expenses relating to the issuance of the bonds.
(1) legal fees and fees for financial advice necessary in the opinion of the board to the sale of bonds;
(2) the expense of publishing notice of sale of an installment of bonds;
(3) the expense of printing the bonds;
(4) the expenses of issuance of the bonds, including the actual costs of travel, lodging, and meals of board members, officers or employees of the board, the comptroller, and the attorney general that are necessary in the opinion of the board to effectuate the issuance, rating, and delivery of the bonds;
(5) the cost of manually signing the bonds;
(6) remuneration to any agent employed by the board to pay the principal of and interest on the bonds;
(7) any amounts required to be paid to maintain the federal tax exemption of interest on the bonds; and
(8) all other costs, fees, and expenses relating to the issuance of the bonds.
Status: in_force · Read it on the official government site
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