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

Tex. Water Code § 15.6042: CROSS-COLLATERALIZATION OF FUNDS.

Where this section sits in the code

WATER CODE
TITLE 2. WATER ADMINISTRATION
SUBTITLE C. WATER DEVELOPMENT
CHAPTER 15. TEXAS WATER ASSISTANCE PROGRAM
SUBCHAPTER J. FINANCIAL ASSISTANCE FOR WATER POLLUTION CONTROL

(a) In this section, "state revolving fund bonds" means revenue bonds issued by the board to provide funds for the revolving fund, the safe drinking water revolving fund, or an additional state revolving fund.

(b) Notwithstanding any other law to the contrary, the board by resolution may approve the use of assets of the revolving fund, the safe drinking water revolving fund, or an additional state revolving fund as a source of revenue or security, or both revenue and security, for the payment of the principal of and interest on state revolving fund bonds.

Added by Acts 2015, 84th Leg., R.S., Ch. 95 (H.B. 1224), Sec. 1, eff. May 23, 2015.

Collected 2026-08-27T01:47:48Z. Source file · JSON

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