Sec. 5001.053. LIMITATION ON DEPOSITS TO FUND. The district may deposit to the credit of the fund not more than five percent of its gross income from operations in a calendar year.
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Navigation Districts and Port Authorities
Chapter 5001 - Aransas County Navigation District
Subchapter B. District Promotion and Development Fund
Section 5001.052. Authority to Create Fund
Section 5001.053. Limitation on Deposits to Fund
Section 5001.054. Separate Fund
Section 5001.055. Authorized Expenditures of Money in Fund
Section 5001.056. Control Over Fund and Expenditures
Section 5001.057. Duties of County Auditor in Relation to Fund