(a) Transportation Code, Chapter 56, establishes the ship channel improvement revolving fund as an account in the general revenue fund, to be administered by the commission. The Ship Channel Improvement Revolving Loan Program is established to use money from the fund to provide loans for qualified projects as authorized under Transportation Code, Chapter 56.
(b) The executive director may delegate to a department employee any power or duty assigned to the executive director by this subchapter.

Source Note: The provisions of this §15.250 adopted to be effective October 17, 2018, 43 TexReg 6848