Sec. 15.734. USE OF FUND. The board may use money in the fund, unless prohibited by an agreement made with a federal agency under this subchapter, to:
(1) make a plumbing assistance loan;
(2) administer the fund; and
(3) grant or lend money to a political subdivision to defray the political subdivision's expenses incurred in administering a plumbing improvement loan program.
Added by Acts 1991, 72nd Leg., ch. 294, Sec. 6, eff. June 7, 1991.