Tex. Water Code § 58.395

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 58.395 - Expenditure of Loan Proceeds

No money obtained from a loan under Section 58.391 of this code may be spent for any purpose other than the purposes for which the pledged tax was levied or the pledged bonds were authorized.

Tex. Water Code § 58.395

Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. 8/29/1977.