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Tex. Spec. Dist. Local Laws Code § 5001.053

LIMITATION ON DEPOSITS TO FUND

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff

The district may deposit to the credit of the fund not more than five percent of its gross income from operations in a calendar year.

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