Tex. Water Code § 20.021 · Subchapter B. ADMINISTRATIVE PROVISIONS
AUTHORITY EXPENSES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Expenses incurred by the authority under this Act shall be paid solely from revenues or funds provided or to be provided under this chapter.
(b) This chapter may not be construed to authorize the authority to incur any indebtedness or liability on behalf of or payable by the state.
(c) The authority may not accept and is not entitled to receive any money appropriated by the state.
(d) The board shall use all available sources of revenue and income to pay expenses of operation and maintenance of the authority, to pay the premium, principal of and interest on bonds, and to create and maintain any reserves or funds provided by resolutions authorizing the issuance of bonds.
Notes and commentary — not statutory text
History
Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.20.htm
- Text hash
- sha256 1f509f7947403398694f524dc84fb6e1fa7465f6489ca45c05e5e30de54f7f36
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.