Sec. 8813.117. EXPENDITURES. (a) The authority's money may be disbursed only by check, draft, order, federal reserve wire system, or other instrument or authorization.
(b) Disbursements of the authority must be signed by at least a majority of the directors. The board by resolution may allow the general manager, treasurer, bookkeeper, or other employee of the authority to sign disbursements, except as limited by Subsection (c).
(c) The board by resolution may allow disbursements to be transferred by federal reserve wire system to accounts in the name of the authority without the necessity of any directors signing the disbursement. Disbursements of the authority's money by federal reserve wire system to any accounts not in the name of the authority must be signed by at least a majority of the directors.
Added by Acts 2005, 79th Leg., Ch. 893 (S.B. 1798), Sec. 1, eff. June 17, 2005.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle H - Districts Governing Groundwater
Chapter 8813 - North Fort Bend Water Authority
Subchapter C. Powers and Duties
Section 8813.101. General Powers and Duties
Section 8813.102. Authority Rules
Section 8813.103. Fees, User Fees, Rates, and Charges
Section 8813.104. Purchase of Water From Another Entity
Section 8813.106. Interest and Penalties
Section 8813.107. Attorney's Fees and Collection Expenses
Section 8813.109. Administrative Penalty; Injunction
Section 8813.110. Water Supply or Drought Contingency Plans
Section 8813.111. Groundwater Reduction Plan
Section 8813.112. Acquisition, Construction, and Operation of Systems
Section 8813.113. Sale or Reuse of Water or By-Product
Section 8813.115. Cooperation With and Assistance of Other Governmental Entities
Section 8813.116. Gifts and Grants
Section 8813.117. Expenditures
Section 8813.118. Ad Valorem Taxation
Section 8813.119. Eminent Domain
Section 8813.120. Action Against Person, District, or Political Subdivision