Texas Statutes
§ 15.615 — DEPOSIT AGREEMENT.
Texas § 15.615
JurisdictionTexas
Code WAWater Code
This text of Texas § 15.615 (DEPOSIT AGREEMENT.) 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.
Bluebook
Tex. Water Code Code Ann. § 15.615 (2026).
Text
Sec. 15.615. DEPOSIT AGREEMENT. If the board approves an application of an eligible lending institution, the board and the eligible lending institution shall enter into a written deposit agreement. The agreement shall contain the conditions on which the linked deposit is made. On execution of the agreement, the board shall place a linked deposit from the revolving fund with the eligible lending institution in accordance with the agreement. A delay in payment or a default on a loan by an applicant does not affect the validity of the deposit agreement.
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Legislative History
Added by Acts 2003, 78th Leg., ch. 200, Sec. 19(d), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 4, eff. Sept. 1, 2003.
Nearby Sections
15
§ 15.001
DEFINITIONS.§ 15.002
PURPOSE.§ 15.003
POWER TO DEFINE PURPOSES.§ 15.004
TRANSBASIN DIVERSION.§ 15.008
GRANT STANDARDS.§ 15.011
WATER ASSISTANCE FUND.§ 15.012
MANAGEMENT OF FUND.§ 15.101
WATER LOAN ASSISTANCE FUND.§ 15.102
FINANCIAL ASSISTANCE.§ 15.103
APPLICATION FOR ASSISTANCE.§ 15.104
FINDINGS REGARDING PERMITS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 15.615, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/15.615.