Tex. Spec. Dist. Local Laws Code § 5001.054

SEPARATE FUND

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

(a) Money in the promotion and development fund shall be kept separate from all other funds and accounts of the district.

(b) Money derived from the imposition of taxes may not be deposited to the credit of the fund.

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