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Texas The Texas Constitution

§ 3.49-d-10 — ADDITIONAL BONDS FOR FINANCIAL ASSISTANCE TO ECONOMICALLY DISTRESSED AREAS

CN § 3.49-d-10

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(a)The Texas Water Development Board may issue additional general obligation bonds, at its determination, for the economically distressed areas program account of the Texas Water Development Fund II, in an amount not to exceed $250 million. The bonds shall be used to provide financial assistance to economically distressed areas of the state as defined by law.
(b)Section 49-d-8(e) of this article applies to the bonds authorized by this section. (Added Nov. 6, 2007.)

Source: Texas The Texas Constitution § 3.49-d-10 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.