Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Special District Local Laws Code § 9701.152: ALLOCATION OF EARNED INTEREST.

Where this section sits in the code

SPECIAL DISTRICT LOCAL LAWS CODE
TITLE 6. WATER AND WASTEWATER
SUBTITLE M. WATER POWER CONTROL DISTRICTS
CHAPTER 9701. RED BLUFF WATER POWER CONTROL DISTRICT: TRANSFER OF FUNDS
SUBCHAPTER B. GENERAL FINANCIAL PROVISIONS

The Red Bluff District shall annually distribute interest earned on the principal amount as follows:

(1) one-third to the Red Bluff District; and

(2) two-thirds to the member districts, to be allocated among the member districts in the same percentages as each member district's pro rata share of water under the master contract between the Red Bluff District and the member districts dated March 8, 1934.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.04, eff. April 1, 2013.

Collected 2026-08-27T01:47:41Z. Source file · JSON

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