Texas § 15.913 APPROVAL OF APPLICATION.

Texas Statutes

§ 15.913 — APPROVAL OF APPLICATION.

Texas § 15.913

Code WAWater Code

This text of Texas § 15.913 (APPROVAL OF APPLICATION.) 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. § 15.913 (2026).

Text

Sec. 15.913. APPROVAL OF APPLICATION. The board by resolution may approve an application for a loan or grant if, after considering the factors listed in Section 15.912 and any other relevant factors, the board finds that:

(1)the public interest requires state participation in the project; and

(2)the revenue or taxes pledged by the political subdivision or water supply corporation will be sufficient to meet all the obligations assumed by the subdivision or corporation during the period of any loan provided by the board.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 15.913. APPROVAL OF APPLICATION. The board by resolution may approve an application for a loan or grant if, after considering the factors listed in Section 15.912 and any other relevant factors, the board finds that:
(1) the public interest requires state participation in the project; and
(2) the revenue or taxes pledged by the political subdivision or water supply corporation will be sufficient to meet all the obligations assumed by the subdivision or corporation during the period of any loan provided by the board.

Legislative History

Added by Acts 2001, 77th Leg., ch. 1234, Sec. 22, eff. Sept. 1, 2001. Amended by: Acts 2005, 79th Leg., Ch. 1151 (H.B. 3029 ), Sec. 12, eff. June 18, 2005.