Tex. Parks & Wild. Code § 21.105

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 21.105 - Interest and Sinking Fund

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.

Tex. Parks and Wild. § 21.105

Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. 9/1/1975.