Texas Statutes

§ 17.908 — DEPOSIT AGREEMENT.

Texas § 17.908
JurisdictionTexas
Code WAWater Code

This text of Texas § 17.908 (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. § 17.908 (2026).

Text

Sec. 17.908. 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 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(u), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 21, eff. Sept. 1, 2003.

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Bluebook (online)
Texas § 17.908, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/17.908.