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Texas Water Code - WATER § 15.441. Policies and Procedures to Mitigate or Minimize Adverse Effects of Certain Federal Laws

Current as of January 01, 2024 | Updated by Findlaw Staff

The board shall adopt, and may amend from time to time at the board's discretion, policies and procedures for the purpose of mitigating or minimizing the adverse effects, if any, of federal laws and regulations relating to income taxes, arbitrage, rebates, and related matters that may restrict the board's ability to freely invest all or part of the fund or to receive and retain all the earnings from the fund.

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Cite this article: FindLaw.com - Texas Water Code - WATER § 15.441. Policies and Procedures to Mitigate or Minimize Adverse Effects of Certain Federal Laws - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-15-441/

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