Sec. 17.895. SOURCES OF ASSETS. The fund is composed of:
(1) money and assets, including bond proceeds, attributable to the bonds;
(2) investment income earned on money on deposit in the fund and depository interest earned on money on deposit in the state treasury;
(3) money appropriated by the legislature;
(4) repayments of principal and interest on loans made under this subchapter;
(5) administrative fees charged by the board under the bond program;
(6) money disbursed to the fund from the state water implementation fund for Texas as authorized by Section 15.434; and
(7) any other funds, regardless of their source, that the board directs be deposited to the credit of the fund.
Added by Acts 1989, 71st Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1997, 75th Leg., ch. 1010, Sec. 4.09, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 456, Sec. 7, eff. June 18, 1999; Acts 1999, 76th Leg., ch. 979, Sec. 9, eff. June 18, 1999; Acts 2001, 77th Leg., ch. 966, Sec. 4.20, eff. Sept. 1, 2001; Acts 2003, 78th Leg., ch. 200, Sec. 19(k), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 11, eff. Sept. 1, 2003.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.14, eff. November 5, 2013.
Structure Texas Statutes
Title 2 - Water Administration
Subtitle C - Water Development
Subchapter J. Agricultural Water Conservation Bond Program
Section 17.872. Issuance of Bonds
Section 17.873. Conditions for Issuance of Bonds
Section 17.874. Periodic Determination of Interest
Section 17.875. Persons Designated to Act as Agents of Board
Section 17.876. Security Qualifications
Section 17.877. Investment Securities
Section 17.880. Sale of Securities
Section 17.881. Sale of Obligations to Texas Water Resources Finance Authority
Section 17.882. Resolutions, Orders, Etc
Section 17.883. Bond Review Board
Section 17.884. Approval of Attorney General
Section 17.885. Bonds Incontestable
Section 17.886. Payment and Transfers by Comptroller
Section 17.887. Refunding Bonds
Section 17.888. Mutilated, Lost, or Destroyed Bonds
Section 17.889. Eligible Security
Section 17.890. Legal Investments
Section 17.891. Tax Exempt Bonds
Section 17.892. Enforcement by Mandamus
Section 17.893. Subchapter Cumulative of Other Laws
Section 17.894. Bond Enhancement Agreements; Payment of Expenses
Section 17.895. Sources of Assets
Section 17.896. Repayment Proceeds
Section 17.897. Conservation Program
Section 17.898. Conservation Project
Section 17.899. Eligible Fund Uses
Section 17.900. Grant to State Agency
Section 17.901. Grant or Loan to Political Subdivision
Section 17.902. Review of Application for and Approval of Grant
Section 17.9021. Application for and Approval of Loan
Section 17.9022. Financing of Grant or Loan for Political Subdivision; Default; Venue
Section 17.903. Contract Authority
Section 17.904. Linked Deposit
Section 17.905. Linked Deposit Program
Section 17.907. Approval or Rejection of Application
Section 17.908. Deposit Agreement
Section 17.910. State Liability Prohibited