Tex. Water Code § 36.374

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 36.374 - Approval of Application

The Texas Water Development Board, by resolution, may approve an application if it finds that:

(1) granting financial assistance to the applicant will serve the public interest; and
(2) the revenue pledged by the applicant from district taxes and fees and other sources will be sufficient to meet all the obligations assumed by the applicant.

Tex. Water Code § 36.374

Added by Acts 1997, 75th Leg., ch. 1010, Sec. 4.39, eff. 9/1/1997.