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Tex. Gov't Code § 2306.117

PAYMENT OF EXPENSES; INDEBTEDNESS

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff

(a) The expenses incurred in carrying out the functions of the housing finance division may be paid only from revenues or funds provided under this chapter.

(b) This chapter does not authorize the housing finance division to incur debt or liability on behalf of or payable by the state, except as provided by this chapter or other law.

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