Texas § SD.6613.152 - DISTRICT FUNDS

Full text of Texas The Texas Constitution § SD.6613.152 — DISTRICT FUNDS, with citation guidance and answers to common questions.

§ SD.6613.152. DISTRICT FUNDS

DISTRICT FUNDS. (a) The interest and sinking fund consists of taxes collected for the fund. Money in the interest and sinking fund may be paid out only to: (1) pay district bonds and satisfy and discharge interest on the bonds; and (2) defray the expense of imposing a tax for the fund. (b) The maintenance and improvement fund consists of money collected by assessment or other sources for: (1) the maintenance of property owned or acquired by the district; (2) necessary improvements to be made by the district; and (3) the general purposes of the district. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.01, eff. April 1, 2017.

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Frequently Asked Questions About Texas § SD.6613.152

What does The Texas Constitution § SD.6613.152 cover?

Section SD.6613.152 ("DISTRICT 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 § SD.6613.152?

A common citation format is "The Texas Constitution § SD.6613.152" (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 § SD.6613.152 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.