Texas Water Code 17.9022 – Financing of Grant or Loan for Political Subdivision; Default; Venue
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Terms Used In Texas Water Code 17.9022
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
The board may make a loan or grant available to a political subdivision in any manner the board considers economically feasible, including purchase of bonds or securities of the political subdivision or execution of a loan or grant agreement with the political subdivision. The board may not purchase bonds or securities that have not been approved by the attorney general and registered by the comptroller.