Texas Const. art. III, § 50-e

Texas Constitution

Article III, § 50-e — GUARANTEE OF TEXAS GRAIN WAREHOUSE SELF-INSURANCE FUND

This text of Texas Const. art. III, § 50-e (GUARANTEE OF TEXAS GRAIN WAREHOUSE SELF-INSURANCE FUND) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionTexas DocumentConstitution

ArticleIII

Section§ 50-e

CitationTexas Const. art. III, § 50-e

Bluebook

Tex. Const. art. III, § 50-e.

Full Text

(a) For the purposes of providing surety for the Texas grain warehouse self-insurance fund, the legislature by general law may establish or provide for a guarantee of the fund not to exceed $5 million. (b) At the beginning of the fiscal year after the fund reaches $5 million, as certified by the comptroller of public accounts, the guarantee of the fund shall cease and this provision shall expire. (c) Should the legislature enact any enabling laws in anticipation of this amendment, no such law shall be void by reason of its anticipating nature. (d) If the provisions of this section conflict with any other provisions of this constitution, the provisions of this section shall prevail.

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(a) For the purposes of providing surety for the Texas grain warehouse self-insurance fund, the legislature by general law may establish or provide for a guarantee of the fund not to exceed $5 million. (b) At the beginning of the fiscal year after the fund reaches $5 million, as certified by the comptroller of public accounts, the guarantee of the fund shall cease and this provision shall expire. (c) Should the legislature enact any enabling laws in anticipation of this amendment, no such law shall be void by reason of its anticipating nature. (d) If the provisions of this section conflict with any other provisions of this constitution, the provisions of this section shall prevail.

History

Added Nov. 3, 1987.

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Bluebook (online)

Texas Const. art. III, § 50-e, Counsel Stack Legal Research, https://law.counselstack.com/constitution/tx/III/50-e.