Texas Water Code
§ 58.174 — AUTHORITY TO ACQUIRE IRRIGATION SYSTEM SUBJECT TO MORTGAGE
WA § 58.174Title 4. GENERAL LAW DISTRICTS · Ch. 58. IRRIGATION DISTRICTS · Art. D. POWERS AND DUTIES
Statute text
View on sourceA district may acquire by gift, grant, or purchase any part of an irrigation system serving the district which is subject to a mortgage or encumbrance. The mortgage or encumbrances shall not be assumed by the district and shall not be an indebtedness of the district but shall constitute solely a charge on the encumbered property and the revenue from it.
Legislative history
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.