Texas Water Code
§ 58.172 — RECEIVER FOR LEASED IRRIGATION SYSTEM
WA § 58.172Title 4. GENERAL LAW DISTRICTS · Ch. 58. IRRIGATION DISTRICTS · Art. D. POWERS AND DUTIES
Statute text
View on source(a)If the district defaults in the payments due under a lease, the lessor may petition a court of competent jurisdiction to appoint a receiver for the leased properties.
(b)The receiver shall operate the properties and collect and distribute the revenue according to the terms of the lease and the direction of the court.
(c)The receiver has the same rights and powers as the board in its operation of the leased properties.
Legislative history
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.