Notes
Created in 1961 in TEX. CONST. art.III sec.49-d-3, TEX. WATER CODE ANN. sec.17.073, 17.077 and 17.078 to record, with the exception of proceeds from the sale of Texas Water Development Bonds and from the sale of bonds of political subdivisions, all monies received by the board, including all amounts received as repayments of financial assistance granted and interest on such loans. Monies so received may be transferred to the "Water Development Bonds Interest and Sinking Fund" until the reserve is equal to the average annual principal and interest requirements on all outstanding bonds. Inactivated at agency's request because no longer utilized, effective 6/1/12.