{"data":{"id":"us-tx/tex.-water-code-58.392","jurisdiction":"us-tx","citation":"Tex. Water Code § 58.392","heading":"SECURITY FOR LOAN.","body":"To secure the loan, the board may pledge up to 85 percent of any levied tax of the district which has not been collected by the district or may pledge as collateral any district bonds which have been authorized but not sold.\nAdded by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.","path":["WATER CODE","TITLE 4. GENERAL LAW DISTRICTS","CHAPTER 58. IRRIGATION DISTRICTS","SUBCHAPTER I. BORROWING MONEY"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.58.htm#58.392","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"efc18b35a576a266721978b94a70536439bd9eb7703f6bef8f916d154e416928","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-58.391","next":"us-tx/tex.-water-code-58.393"},"notice":"GroundRules: Original legal text. Not legal advice."}