Texas § WA.15.732 - PLUMBING LOAN FUND
Full text of Texas The Texas Constitution § WA.15.732 — PLUMBING LOAN FUND, with citation guidance and answers to common questions.
§ WA.15.732. PLUMBING LOAN FUND
PLUMBING LOAN FUND. (a) The plumbing loan fund is created. (b) The fund is held separately from other funds outside the state treasury. The board shall keep and maintain the fund and any accounts established in the fund. (c) At the direction of the board, the fund or accounts in the fund may be kept and held in escrow and in trust by the comptroller for and on behalf of the board. If the fund or accounts in the fund are held in escrow and in trust by the comptroller, the fund or accounts may be used only as provided by this subchapter and, pending their use, shall be invested in authorized investments as provided by any order, resolution, or rule of the board. (d) Legal title to money and investments in the fund is in the board unless or until paid out as provided by this subchapter or rules of the board. (e) The comptroller, as custodian, shall administer the funds strictly and solely as provided by this subchapter and in the orders, resolutions, and rules of the board, and the state shall take no action with respect to the fund other than that specified in this subchapter, an agreement made with the Environmental Protection Agency or another federal agency, applicable federal requirements, and the rules of the board. Added by Acts 1991, 72nd Leg., ch. 294, Sec. 6, eff. June 7, 1991. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 20.04, eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § WA.15.732
What does The Texas Constitution § WA.15.732 cover?
Section WA.15.732 ("PLUMBING LOAN 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 § WA.15.732?
A common citation format is "The Texas Constitution § WA.15.732" (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 § WA.15.732 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.