Sec. 36.372.  FINANCIAL ASSISTANCE.  (a)  The loan fund may be used by the Texas Water Development Board to provide loans to newly confirmed districts and legislatively created districts that do not require a confirmation election to pay for their creation and initial operations.
(b)  The Texas Water Development Board shall establish rules for the use and administration of the loan fund.
Added by Acts 1997, 75th Leg., ch. 1010, Sec. 4.39, eff. Sept. 1, 1997.