{"data":{"id":"us-tx/tex.-water-code-58.396","jurisdiction":"us-tx","citation":"Tex. Water Code § 58.396","heading":"LOANS ACCOMPLISHED BY SALE OF DISTRICT BONDS.","body":"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.\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#58.396","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"6f862de4befd35da95dfee52fa59ea36871d5c6fc4e5c4331e9bd16affb53b03","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-58.395","next":"us-tx/tex.-water-code-58.397"},"notice":"GroundRules: Original legal text. Not legal advice."}