§ 100834 Bond Payment Revenue Collection
This law says the state has to collect extra money every year, just like other taxes, to pay back the bonds it issued and the interest on them, and the officials in charge must make sure that money is collected.
The state sold bonds to build a new school and needs to pay the bond owners each year.
Each year the state must gather enough money, using the same tax‑collection process as other state revenue, to cover the bond principal and interest, and the tax officials have to do everything needed to get that money.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 100834 Bond Payment Revenue Collection
Last verified: January 10, 2026