Texas § 17.906 APPLICATION BY ELIGIBLE LENDING INSTITUTIONS TO PARTICIPATE IN LINKED DEPOSIT PROGRAM.

Texas Statutes

§ 17.906 — APPLICATION BY ELIGIBLE LENDING INSTITUTIONS TO PARTICIPATE IN LINKED DEPOSIT PROGRAM.

Texas § 17.906

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This text of Texas § 17.906 (APPLICATION BY ELIGIBLE LENDING INSTITUTIONS TO PARTICIPATE IN LINKED DEPOSIT PROGRAM.) 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. § 17.906 (2026).

Text

Sec. 17.906. APPLICATION BY ELIGIBLE LENDING INSTITUTIONS TO PARTICIPATE IN LINKED DEPOSIT PROGRAM. To participate in the agricultural water conservation linked deposit program, an eligible lending institution must:

(1)solicit loan applications, which must contain a description of an agricultural water conservation project;

(2)review applications to determine if applicants are eligible and creditworthy; and

(3)submit the applications of eligible and creditworthy applicants to the executive administrator with a certification:

(A)of the interest rate applicable to each applicant by the eligible lending institution; and

(B)of the soil and water conservation district in which an applicant is located by a director of the district that states that:

(i)the applicant of the proposed project

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Sec. 17.906. APPLICATION BY ELIGIBLE LENDING INSTITUTIONS TO PARTICIPATE IN LINKED DEPOSIT PROGRAM. To participate in the agricultural water conservation linked deposit program, an eligible lending institution must:
(1) solicit loan applications, which must contain a description of an agricultural water conservation project;
(2) review applications to determine if applicants are eligible and creditworthy; and
(3) submit the applications of eligible and creditworthy applicants to the executive administrator with a certification:
(A) of the interest rate applicable to each applicant by the eligible lending institution; and
(B) of the soil and water conservation district in which an applicant is located by a director of the district that states that:
(i) the applicant of the proposed project has a soil and water conservation plan approved by the district; and
(ii) the project furthers or implements the plan.