Sec. 21.105. INTEREST AND SINKING FUND

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The Texas park development bonds interest and sinking fund, referred to as the "interest and sinking fund," is created to be used exclusively for:
(1) paying the principal of Texas Park Development Bonds as they mature;
(2) paying the interest on the bonds as it comes due; and
(3) paying exchange and collection charges in connection with the bonds.

Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.

                    
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