Limitation On Deposits To Fund

Tex. Special District Local Laws Code § 5001.053, under Chapter 5001. Aransas County Navigation District.

Tex. Special District Local Laws Code § 5001.053

Sec. 5001.053. LIMITATION ON DEPOSITS TO FUND. 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. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.