Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Water Code § 55.368: LOANS FOR MAINTENANCE AND OPERATING EXPENSES.

Where this section sits in the code

WATER CODE
TITLE 4. GENERAL LAW DISTRICTS
CHAPTER 55. WATER IMPROVEMENT DISTRICTS
SUBCHAPTER H. WATER ASSESSMENTS

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.

Acts 1971, 62nd Leg., p. 458, ch. 58, Sec. 1, eff. Aug. 30, 1971.

Collected 2026-08-27T01:47:48Z. Source file · JSON

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