CHAPTER 1303. OTHER USE OF COUNTY BOND PROCEEDS - Texas Statutes

GOVERNMENT CODE

TITLE 9. PUBLIC SECURITIES

SUBTITLE D. PROVISIONS APPLICABLE TO SECURITIES ISSUED BY

COUNTIES

CHAPTER 1303. OTHER USE OF COUNTY BOND PROCEEDS

Sec. 1303.001. USE OF BOND PROCEEDS FOR OWNER-CONTROLLED

INSURANCE PROGRAM. A county may use the proceeds of bonds or

certificates of obligation issued to pay for a county

construction project to pay for an owner-controlled insurance

program under which the county establishes and administers a

consolidated insurance program for the project if the county's

order authorizing the issuance of the bonds or other certificates

of obligation authorizes the establishment of the program.

Added by Acts 2001, 77th Leg., ch. 564, Sec. 1, eff. Sept. 1,

2001.