Texas § WA.17.855 - FINANCIAL ASSISTANCE BY ACQUISITION OF ACQUIRED OBLIGATIONS
Full text of Texas The Texas Constitution § WA.17.855 — FINANCIAL ASSISTANCE BY ACQUISITION OF ACQUIRED OBLIGATIONS, with citation guidance and answers to common questions.
§ WA.17.855. FINANCIAL ASSISTANCE BY ACQUISITION OF ACQUIRED OBLIGATIONS
FINANCIAL ASSISTANCE BY ACQUISITION OF ACQUIRED OBLIGATIONS. (a) In an application to the board for financial assistance through the acquisition of acquired obligations, the participant shall include: (1) the name of the participant and its principal officer or officers; (2) a citation of the law under which the participant was created, operates, and proposes to issue its obligations to be acquired by the board; (3) the total cost of the project; (4) the amount of state financial assistance requested; (5) the plan for paying the principal of and interest on its obligations to be acquired by the board; (6) the water conservation plan required by Section 16.4021 ; and (7) any other information the board requires in order to perform its duties and to protect the public interest. (b) The board may not accept an application for financial assistance unless it is submitted in writing and subscribed to in affidavit form by an official representative of the participant. The board shall prescribe the affidavit form in its rules. (c) The board may require additional factual material from an applicant. Added by Acts 1987, 70th Leg., ch. 420, Sec. 3, eff. June 17, 1987. Amended by: Acts 2019, 86th Leg., R.S., Ch. 886 (H.B. 3339 ), Sec. 14, eff. September 1, 2019.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § WA.17.855
What does The Texas Constitution § WA.17.855 cover?
Section WA.17.855 ("FINANCIAL ASSISTANCE BY ACQUISITION OF ACQUIRED OBLIGATIONS") 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.17.855?
A common citation format is "The Texas Constitution § WA.17.855" (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.17.855 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.