Texas § SD.5009.101 - ESTABLISHMENT OF FUND

Full text of Texas The Texas Constitution § SD.5009.101 — ESTABLISHMENT OF FUND, with citation guidance and answers to common questions.

§ SD.5009.101. ESTABLISHMENT OF FUND

ESTABLISHMENT OF FUND; DEPOSITS. (a) The district may establish a promotion and development fund. (b) The district, from time to time, may deposit in the fund a portion of the district's accumulated money, plus an amount each year not to exceed 10 percent of the district's total maintenance and operation taxes, including delinquent taxes, received during a fiscal year. (c) The commission shall determine the amount to be deposited in the fund. (d) The money in the fund shall be kept separate from other money and accounts of the district. Added by Acts 2017, 85th Leg., R.S., Ch. 869 (H.B. 2803 ), Sec. 1.01, eff. April 1, 2019.

Source: official Texas text · Last verified 2026-08-27

Related Texas Legal Topics

Frequently Asked Questions About Texas § SD.5009.101

What does The Texas Constitution § SD.5009.101 cover?

Section SD.5009.101 ("ESTABLISHMENT OF FUND") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § SD.5009.101?

A common citation format is "The Texas Constitution § SD.5009.101" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § SD.5009.101 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.