Texas Agriculture Code

§ 59.015 — USE OF FUND TO PAY COSTS OF ISSUANCE AND DEBT SERVICE

AG § 59.015Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 59. FARM AND RANCH FINANCE PROGRAM · Art. B. BONDS

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(a)The board may use money in the fund attributable to the issuance and sale of bonds to pay:

(1)legal fees and fees for financial advice the board finds necessary for the sale of bonds;

(2)the expense of publishing notice of sale of an installment of bonds;

(3)the expense of printing the bonds;

(4)the expense of issuing the bonds, including the actual costs of travel, lodging, and meals of officers, members, or employees of the board, directors or employees of the authority, the comptroller, or the attorney general that the board finds necessary to implement the issuance, rating, or delivery of the bonds;

(5)the cost of manually signing the bonds;

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