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Tex. Water Code § 51.178

AUTHORITY TO ACQUIRE IRRIGATION SYSTEM SUBJECT TO MORTGAGE

Texas · Texas Water Code · Status: effective

Property & Real Estate
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Tex. Water Code § 51.178, AUTHORITY TO ACQUIRE IRRIGATION SYSTEM SUBJECT TO MORTGAGE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/580888
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A 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 encumbrance 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.