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TITLE 31NATURAL RESOURCES AND CONSERVATION
PART 10TEXAS WATER DEVELOPMENT BOARD
CHAPTER 375CLEAN WATER STATE REVOLVING FUND
SUBCHAPTER INONPOINT SOURCE POLLUTION LINKED DEPOSITS PROGRAM
RULE §375.208No State Liability

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.


Source Note: The provisions of this §375.208 adopted to be effective September 8, 2010, 35 TexReg 8126

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