Statutes, codes, and regulations
Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATIONPart 10 - TEXAS WATER DEVELOPMENT BOARDChapter 375 - CLEAN WATER STATE REVOLVING FUND
Subchapter I - NONPOINT SOURCE POLLUTION LINKED DEPOSITS PROGRAM
Section 375.208 - No State Liability

31 Tex. Admin. Code § 375.208

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Current through Reg. 50, No. 1; January 3, 2025
Section 375.208 - No State Liability

The state is not liable to an eligible lending institution for payment of the principal, interest, or any late charges on a loan made to an approved Applicant. A linked deposit is not an extension of the state's credit within the meaning of any state constitutional prohibition.

31 Tex. Admin. Code § 375.208

The provisions of this §375.208 adopted to be effective September 8, 2010, 35 TexReg 8126