The board authorizes the executive administrator to execute a linked deposit agreement with an eligible lending institution to provide money from the fund according to and in compliance with §§367.15 - 367.20 of this chapter. The linked deposit agreement shall include the obligations set forth in §§367.15 - 367.20 of this chapter and such other terms and conditions determined by the executive administrator to be reasonable and necessary to fulfill the objectives of this chapter.

Source Note: The provisions of this §367.15 adopted to be effective July 6, 2004, 29 TexReg 6348