Tex. Water Code § 59.005
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If the Texas Water Development Board requires that matching funds be provided as a condition for receiving a loan or grant from the Texas Water Development Board from research and planning funds, the matching funds may not be provided through a guarantee of matching funds by any individual who has a financial interest in the regional district or who will receive any direct financial benefit from a regional district project.
Tex. Water Code § 59.005