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Tex. Gov't Code § 1508.108

OPERATING EXPENSES AS FIRST LIEN

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff

If the income from a project described by Section 1508.102 is encumbered under this subchapter, each expense of operation and maintenance of the project, including all salaries, labor, materials, interest, repairs, and extensions necessary to maintain the project, and each proper item of expense, is a first lien and charge against the income.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.