Sec. 2306.117. PAYMENT OF EXPENSES; INDEBTEDNESS. (a) The expenses incurred in carrying out the functions of the housing finance division may be paid only from revenues or funds provided under this chapter.
(b) This chapter does not authorize the housing finance division to incur debt or liability on behalf of or payable by the state, except as provided by this chapter or other law.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2306 - Texas Department of Housing and Community Affairs
Subchapter F. Housing Finance Division: General Provisions
Section 2306.111. Housing Funds
Section 2306.1111. Uniform Application and Funding Cycles
Section 2306.1112. Executive Award and Review Advisory Committee
Section 2306.1113. Ex Parte Communications
Section 2306.1114. Notice of Receipt of Application or Proposed Application
Section 2306.1115. Regional Allocation Formula
Section 2306.112. Preparation and Content of Annual Budget
Section 2306.113. Board Consideration of Annual Budget
Section 2306.114. Filing of Annual Budget
Section 2306.115. Failure to Adopt Annual Budget
Section 2306.117. Payment of Expenses; Indebtedness
Section 2306.118. Deposit of Funds With Texas Treasury Safekeeping Trust Company
Section 2306.119. Selection of Depository for Operating Funds
Section 2306.120. Selection of Depository Under Covenants of Bonds or Trust Indentures
Section 2306.123. Area Median Income
Section 2306.1231. Federal Poverty Line
Section 2306.124. Rules Regarding Housing Developments
Section 2306.125. Court Actions