Texas § LG.372.022 - SEPARATE FUNDS

Full text of Texas The Texas Constitution § LG.372.022 — SEPARATE FUNDS, with citation guidance and answers to common questions.

§ LG.372.022. SEPARATE FUNDS

SEPARATE FUNDS. If bonds are issued, a separate public improvement district fund shall be created in the municipal or county treasury for each district. Proceeds from the sale of bonds, temporary notes, and time warrants, and other sums appropriated to the fund by the governing body of the municipality or county shall be credited to the fund. The fund may be used solely to pay costs incurred in making an improvement. When an improvement is completed, the balance of the part of the assessment that is for improvements shall be transferred to the fund established for the retirement of bonds. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 2001, 77th Leg., ch. 1341, Sec. 20, eff. June 16, 2001. Amended by: Acts 2009, 81st Leg., R.S., Ch. 320 (H.B. 621 ), Sec. 3, eff. June 19, 2009.

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Frequently Asked Questions About Texas § LG.372.022

What does The Texas Constitution § LG.372.022 cover?

Section LG.372.022 ("SEPARATE FUNDS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § LG.372.022?

A common citation format is "The Texas Constitution § LG.372.022" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § LG.372.022 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.