Texas Attorney General Opinion: M-1157

Document issued by the Office of the Attorney General of Texas in Austin, Texas, providing an interpretation of Texas law. It provides the opinion of the Texas Attorney General, Crawford Martin, regarding a legal question submitted for clarification: If the Texas Water Quality Board and the Texas Water Development Board jointly agree to amend Section 300.1 to authorize the purchase of Certificates of Obligation, may such securities be delivered by an applicant to the Texas Water Development Board for cash, which transaction will secure the maximum Federal grant