Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 375 - CLEAN WATER STATE REVOLVING FUND
Subchapter I - NONPOINT SOURCE POLLUTION LINKED DEPOSITS PROGRAM
Section 375.208 - No State Liability
Universal Citation: 31 TX Admin Code ยง 375.208
Current through Reg. 49, No. 38; September 20, 2024
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.
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