Sec. 489.217. EXPENDITURES. All expenditures of the program must be approved on behalf of the state by the bank. Expenses incurred by the program in the operation and administration of its programs and affairs, including expenditures for employees and program assistance or development, shall be paid out of fees collected or revenues generated under this subchapter.
Added by Acts 2003, 78th Leg., ch. 814, Sec. 2.01, eff. Sept. 1, 2003.
Section: Previous 489.202 489.203 489.204 489.205 489.206 489.207 489.208 489.209 489.210 489.211 489.212 489.213 489.214 489.215 489.216Last modified: September 28, 2016