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

Tex. Water Code § 58.320: LOANS FOR MAINTENANCE AND OPERATING EXPENSES.

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Where this section sits in the code
  1. WATER CODE
  2. TITLE 4. GENERAL LAW DISTRICTS
  3. CHAPTER 58. IRRIGATION DISTRICTS
  4. SUBCHAPTER G. WATER CHARGES AND 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.

Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.

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

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