Untitled Texas Attorney General Opinion

THE Amro NEY GENERAL OP TEXAS Honorable Bill Clayton, Chairman House Interim Committee to Study Conservation of Soil and Water Resources House of Representatives Austin, Texas Opinion NO. c-363 Re: Whether the Legislature may authorize the Water Development Board to ex- tend loans to political subdivisions of the~State for conserving and devel- oping underground water 01' may guarantee bond ls- sues of political subdlvl- sions of the State Issued to provide funds for use In developing and conserv- Dear Mr. Clayton: ing underground waters. We quote your recent request for an opinion of this…