Texas § 17.909 COMPLIANCE.

Texas Statutes

§ 17.909 — COMPLIANCE.

Texas § 17.909

Code WAWater Code

This text of Texas § 17.909 (COMPLIANCE.) 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. § 17.909 (2026).

Text

Sec. 17.909. COMPLIANCE.

(a)On accepting a linked deposit, an eligible lending institution must lend money to an approved applicant in accordance with the deposit agreement and this subchapter. The eligible lending institution shall forward a compliance report to the board in accordance with board rules. The board shall adopt rules regarding the compliance report.

(b)The board shall monitor compliance with this subchapter and inform the comptroller of noncompliance on the part of an eligible lending institution.

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Sec. 17.909. COMPLIANCE. (a) On accepting a linked deposit, an eligible lending institution must lend money to an approved applicant in accordance with the deposit agreement and this subchapter. The eligible lending institution shall forward a compliance report to the board in accordance with board rules. The board shall adopt rules regarding the compliance report.
(b) The board shall monitor compliance with this subchapter and inform the comptroller of noncompliance on the part of an eligible lending institution.