Texas Water Code

§ 17.911 — LIMITATIONS ON PROGRAM

WA § 17.911Title 2. WATER ADMINISTRATION · Part C. WATER DEVELOPMENT · Ch. 17. PUBLIC FUNDING · Art. J. AGRICULTURAL WATER CONSERVATION BOND PROGRAM

Statute text

View on source

(a)The maximum amount of a loan under the linked deposit program is $250,000.

(b)The board may withdraw linked deposits from an eligible lending institution if the institution ceases to be either a state depository or a Farm Credit System institution headquartered in this state.

Legislative history

Added 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.