Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 5. TRANSPORTATION |
Subtitle A. NAVIGATION DISTRICTS AND PORT AUTHORITIES |
Chapter 5001. ARANSAS COUNTY NAVIGATION DISTRICT |
Subchapter B. DISTRICT PROMOTION AND DEVELOPMENT FUND |
Sec. 5001.054. SEPARATE FUND
Latest version.
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(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, Sec. 1, eff. April 1, 2005.