This law ensures that the principal and interest on general obligation bonds for the Texas Water Development Fund II are paid from the designated account. It affects the Texas Water Development Board and the management of funds related to water development projects.
Covers payment of bonds for water development projects.
Funds must be used specifically for designated purposes.
Includes provisions for bond enhancement agreements.
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In simple terms: Learn about Texas's law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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