Tex. Water Code § 59.005
This is the official text of Tex. Water Code § 59.005, part of Texas’s Water Code — governs water rights and water resource management.
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§ 59.005. MATCHING FUNDS GUARANTEES.
Official statutory text
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.
Status: in_force · Read it on the official government site
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