Tex. Water Code § 15.201 · Subchapter D. WATER BOND INSURANCE PROGRAM
DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this subchapter:
(1) "Program" means the water bond insurance program.
(2) "Bonds" means bonds or other obligations of a political subdivision or water supply corporation issued to provide funds for a project defined in Subsection (b) of this section.
(3) "Insured bonds" means bonds or other obligations insured by the state under this subchapter.
(4) "Issuer" means a political subdivision or water supply corporation issuing bonds or other obligations eligible to be insured under the program.
(5) "Water supply corporation" means a nonprofit water supply corporation created and operating under Chapter 67.
(b) Notwithstanding the definition in Subdivision (6), Section 15.001, of this code, in this subchapter, "project" means any undertaking or work to conserve, convey, and develop surface or subsurface water resources of the state, to provide for the maintenance and enhancement of the quality of the water of the state, to provide for flood control and drainage, to provide recharge or chloride control, or to provide for desalinization, and to carry out other purposes defined by board rules.
Notes and commentary — not statutory text
History
Added by Acts 1985, 69th Leg., ch. 133, Sec. 2.05. Amended by Acts 1991, 72nd Leg., ch. 516, Sec. 2, eff. Sept. 1, 1991; Acts 1999, 76th Leg., ch. 62, Sec. 18.55, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.15.htm
- Text hash
- sha256 a3e111ecc022920de3e8797f420a329378fbbf3ccd6fc8042b30eff32d4424c1
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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