Sec. 1401.062. REVENUE BOND PROCEEDS. On issuing bonds under Section 1401.061, the board shall:
(1) certify to the appropriate agency and to the comptroller that the funds are available; and
(2) deposit the bond proceeds in the state treasury to the account of the appropriate agency.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle G - Specific Authority for State Government to Issue Securities
Chapter 1401 - Bonds for Certain Criminal Justice or Mental Health and Mental Retardation Facilities
Subchapter D. Revenue Bonds and Proceeds
Section 1401.061. Revenue Bonds
Section 1401.062. Revenue Bond Proceeds
Section 1401.063. Investment of Proceeds