{"data":{"id":"us-tx/tex.-water-code-17.908","jurisdiction":"us-tx","citation":"Tex. Water Code § 17.908","heading":"DEPOSIT AGREEMENT.","body":"If the board approves an application of an eligible lending institution, the board and the eligible lending institution shall enter into a written deposit agreement. The agreement shall contain the conditions on which the linked deposit is made. On execution of the agreement, the board shall place a linked deposit from the fund with the eligible lending institution in accordance with the agreement. A delay in payment or a default on a loan by an applicant does not affect the validity of the deposit agreement.\nAdded by Acts 2003, 78th Leg., ch. 200, Sec. 19(u), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 21, eff. Sept. 1, 2003.","path":["WATER CODE","TITLE 2. WATER ADMINISTRATION","SUBTITLE C. WATER DEVELOPMENT","CHAPTER 17. PUBLIC FUNDING","SUBCHAPTER J. AGRICULTURAL WATER CONSERVATION BOND PROGRAM"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.17.htm#17.908","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"9a465eb048c035dded785029c58261671d45987042d8f36b29d8fed6beedc0c2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-17.907","next":"us-tx/tex.-water-code-17.909"},"notice":"GroundRules: Original legal text. Not legal advice."}