1,328 chapters · 31,723 sections in this title.
Tex. Special District Local Laws Code § 5001.053 Limitation On Deposits To Fund
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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.
Tex. Special District Local Laws Code § 5001.054 Separate Fund
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Sec. 5001.054. SEPARATE FUND. (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. Acts 2003, 78th Leg., ch. 1277, S…
Tex. Special District Local Laws Code § 5001.055 Authorized Expenditures of Money In Fund
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Sec. 5001.055. AUTHORIZED EXPENDITURES OF MONEY IN FUND. Money in the fund may be spent by the commission, or as the commission may direct, to pay any expense connected with: (1) an activity or matter incidental to the advertising, development, or promotion of the district or a p…
Tex. Special District Local Laws Code § 5001.056 Control Over Fund and Expenditures
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Sec. 5001.056. CONTROL OVER FUND AND EXPENDITURES. The commission: (1) has exclusive control over the fund; and (2) is fully responsible for auditing, approving, and safeguarding each expenditure of money from the fund. Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.