Tex. Water Code § 58.320 · Subchapter G. WATER CHARGES AND ASSESSMENTS
LOANS FOR MAINTENANCE AND OPERATING EXPENSES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board may borrow money to pay maintenance and operating expenses at an interest rate of not more than 10 percent a year and may pledge as security any of its notes or contracts with water users or accounts against them.
Notes and commentary — not statutory text
History
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.58.htm
- Text hash
- sha256 d0425849361acf4ff796f7f6962ec4fd4666e5fbf10e06562b8b0f7842d0569c
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.