{"data":{"id":"us-tx/tex.-water-code-51.179","jurisdiction":"us-tx","citation":"Tex. Water Code § 51.179","heading":"REVENUE FOR PAYMENT OF MORTGAGE.","body":"(a) The board may determine conclusively by resolution whether the mortgage or encumbrance represents all or part of the cost of the acquired property and constitutes a purchase money lien on the property.\n(b) The board may contract to use and pledge its revenue derived solely from the sale of water and services supplied through the acquired properties for the payment of a purchase money lien.\n(c) The board also may use revenue from taxation or from the issuance and sale of bonds to pay all or part of the amount due under the encumbrance if a majority of the electors of the district voting at an election on this proposition approve its use.\nActs 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.","path":["WATER CODE","TITLE 4. GENERAL LAW DISTRICTS","CHAPTER 51. WATER CONTROL AND IMPROVEMENT DISTRICTS","SUBCHAPTER D. POWERS AND DUTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.51.htm#51.179","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"244ea16afe706548ea9ebc95f5c15599cd0fa69204ac0cccee516d00fea55043","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-51.178","next":"us-tx/tex.-water-code-51.180"},"notice":"GroundRules: Original legal text. Not legal advice."}
