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

Tex. Water Code § 58.396: LOANS ACCOMPLISHED BY SALE OF DISTRICT BONDS.

Where this section sits in the code

WATER CODE
TITLE 4. GENERAL LAW DISTRICTS
CHAPTER 58. IRRIGATION DISTRICTS
SUBCHAPTER I. BORROWING MONEY

If the loan is secured by the sale of district bonds, the district may enter into an obligation to be conditioned conformably with the usages of investment banking to repurchase the bonds within the five-year period immediately following the date of the loan.

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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