Introducing ATLASLearn more
Legal Opinion

Opinion No.

Texas Attorney General Reports

Decided September 29, 1986Published

1Opinion of the Court

Honorable Charles D. Houston District Attorney One East Main Bellville, Texas 77418

Re: Disposition of interest earned on unused portion of road bond proceeds

Dear Mr. Houston:

You have requested an opinion from this office concerning the disposition of money earned as interest on the invested proceeds of tax bonds authorized by the Austin County electorate for the construction, maintenance and operation of county roads. See V.T.C.S. art. 6702-1, § 4.411 et. seq. Your question is:

Is it proper for the interest on the unused portion of the bond proceeds to be added to the principal sum, or should…

2Cases cited9 opinions

  1. Lawson v. BakerCourt of Appeals of Texas · 1920
  2. Black v. StrengthTexas Supreme Court · 1922
  3. Aransas County v. Coleman-Fulton Pasture Co.Texas Supreme Court · 1917
  4. Ault v. Hill CountyTexas Supreme Court · 1909
  5. Jefferson Iron Co. v. HartCourt of Appeals of Texas · 1898

4 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

View API DocsGet API Key

Powered by the Exa API