yourstate.us
Tex. Water Code § 15.205

INSURANCE

Texas · Texas Water Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Water Code § 15.205, INSURANCE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/579255
Permanent ID
ys:prov:579255@1
SHA-256
451f45f00dfb8c8a4bf0990d421bcc94c68398df9725f31619a27b075dbcad0a

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

The board may pledge the general credit of the state, to the extent authorized by Article III, Section 49-d-4, of the Texas Constitution, to insure the payment of the principal of or interest on or both the principal of and interest on eligible bonds issued by an issuer in the event of default or impending default of the insured bonds.