Texas § WA.17.9021 - APPLICATION FOR AND APPROVAL OF LOAN

Full text of Texas The Texas Constitution § WA.17.9021 — APPLICATION FOR AND APPROVAL OF LOAN, with citation guidance and answers to common questions.

§ WA.17.9021. APPLICATION FOR AND APPROVAL OF LOAN

APPLICATION FOR AND APPROVAL OF LOAN. (a) In reviewing an application by a political subdivision for a loan, the board shall consider the ability of the political subdivision to repay the loan and whether the loan will further water conservation in this state. (b) To approve a loan to a political subdivision, the board must determine that: (1) the public interest is served by providing the loan; (2) the political subdivision has the ability to repay the loan; and (3) the loan will further water conservation in the state. (c) The board by rule shall establish the rate of interest it charges for a loan to a political subdivision. Added by Acts 2003, 78th Leg., ch. 200, Sec. 19(s), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 19, eff. Sept. 1, 2003.

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

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Frequently Asked Questions About Texas § WA.17.9021

What does The Texas Constitution § WA.17.9021 cover?

Section WA.17.9021 ("APPLICATION FOR AND APPROVAL OF LOAN") 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.17.9021?

A common citation format is "The Texas Constitution § WA.17.9021" (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.17.9021 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.