Tex. Water Code § 60.175 · Subchapter G. POWERS OF DISTRICT TO PROVIDE IMPROVEMENTS WITHOUT TAXATION
EXECUTION AND SALE OF OBLIGATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each note, warrant, or other security evidencing any indebtedness created under the provisions of this subchapter shall be signed by the chairman of the commission, countersigned by the secretary of the commission, and have the seal of the district impressed on it.
(b) Each note, warrant, or other security may be registered as to principal by the trustee named and designated by the commission in the trust indenture executed by the commission to secure payment of the obligation.
(c) The evidences of indebtedness may be sold by the commission on the best terms and for the best price possible.
Notes and commentary — not statutory text
History
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.60.htm
- Text hash
- sha256 3664fbbf6d42b64758d0c48c336ffc2705162b8290e86376b8e277fc0a128313
- 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.