Tex. Transportation Code § 441.179
This is the official text of Tex. Transportation Code § 441.179, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 441.179. DISPOSITION OF PROCEEDS.
Official statutory text
The district shall deposit the part of the purchase money of bonds that represents capitalized interest in a special account in the district depository and use that money to pay interest that comes due on bonds. Money remaining in that account after payment of the costs of issuance of the bonds shall be transferred to the credit of the regular account of the district in the district depository.
Status: in_force · Read it on the official government site
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