Texas Natural Resources Code

§ 161.176 — USE OF FUND TO PAY BOND EXPENSES

NR § 161.176Title 7. RESOURCES PROGRAMS · Ch. 161. VETERANS LAND BOARD · Art. E. VETERANS' LAND FUND

Statute text

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The board may use money in the fund attributable to bonds issued and sold to pay:

(1)legal fees and fees for financial advice necessary in the opinion of the board to 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 expenses of issuance of the bonds, including the actual costs of travel, lodging, and meals of board members, officers or employees of the board, the comptroller, and the attorney general that are necessary in the opinion of the board to effectuate the issuance, rating, and delivery of the bonds;

(5)the cost of manually signing the bonds;

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Legislative history

Acts 1977, 65th Leg., p. 2663, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977. Amended by Acts 1989, 71st Leg., ch. 720, Sec. 3, eff. June 14, 1989; Acts 1993, 73rd Leg., ch. 242, Sec. 1.21, eff. Aug. 30, 1993; Acts 1997, 75th Leg., ch. 1423, Sec. 14.18, eff. Sept. 1, 1997.