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Tex. Water Code § 15.617

STATE LIABILITY PROHIBITED

Texas · Texas Water Code · Status: effective

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Tex. Water Code § 15.617, STATE LIABILITY PROHIBITED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/579365
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The state is not liable to an eligible lending institution for payment of the principal, interest, or any late charges on a loan made to an approved applicant. A linked deposit is not an extension of the state's credit within the meaning of any state constitutional prohibition.