Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 5. TRANSPORTATION |
Subtitle B. ROAD AND ROAD UTILITY DISTRICTS |
Chapter 5201. GALVESTON COUNTY ROAD DISTRICT NO. 1 |
Subchapter B. BONDS |
Sec. 5201.052. USE OF BOND PROCEEDS LIMITED
Latest version.
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The proceeds of bonds issued under this chapter may be spent only for the construction, acquisition, improvement, operation, or maintenance of a road facility as authorized by Section 5201.005.
Added by Acts 2005, 79th Leg., Ch. 729 , Sec. 1.04, eff. April 1, 2007.