Texas § WA.20.021 - AUTHORITY EXPENSES
Full text of Texas The Texas Constitution § WA.20.021 — AUTHORITY EXPENSES, with citation guidance and answers to common questions.
§ WA.20.021. AUTHORITY EXPENSES
AUTHORITY EXPENSES. (a) Expenses incurred by the authority under this Act shall be paid solely from revenues or funds provided or to be provided under this chapter. (b) This chapter may not be construed to authorize the authority to incur any indebtedness or liability on behalf of or payable by the state. (c) The authority may not accept and is not entitled to receive any money appropriated by the state. (d) The board shall use all available sources of revenue and income to pay expenses of operation and maintenance of the authority, to pay the premium, principal of and interest on bonds, and to create and maintain any reserves or funds provided by resolutions authorizing the issuance of bonds. Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 1987.
Frequently Asked Questions About Texas § WA.20.021
What does The Texas Constitution § WA.20.021 cover?
Section WA.20.021 ("AUTHORITY EXPENSES") 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.20.021?
A common citation format is "The Texas Constitution § WA.20.021" (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.20.021 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.