Tex. Water Code § 60.175
EXECUTION AND SALE OF OBLIGATIONS
Texas · Texas Water Code · Status: effective
Cite this
- Citation
- Tex. Water Code § 60.175, EXECUTION AND SALE OF OBLIGATIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/582180
- Permanent ID
ys:prov:582180@1- SHA-256
62343b0a871f0566852baaf5f83fe3130d8c8980c9cc93fe7a6cc9336d892b64
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Each note, warrant, or other security evidencing any indebtedness created under the provisions of this subchapter shall be signed by the chairman of the commission, countersigned by the secretary of the commission, and have the seal of the district impressed on it.
(b) Each note, warrant, or other security may be registered as to principal by the trustee named and designated by the commission in the trust indenture executed by the commission to secure payment of the obligation.
(c) The evidences of indebtedness may be sold by the commission on the best terms and for the best price possible.