Water Code › Title 4 › Chapter 63 › Subchapter E

Texas Water Code § 63.227

Retiring Debt

Self-Liquidating Navigation Districts · General Fiscal Provisions

Debentures, notes, or other evidences of debt may be retired by rents, tolls, fees, or charges other than taxes. The debt also may be retired by assessments against taxable property in the district which is equitably distributed on the basis of benefits derived by the property from district improvements.

Official text of the Texas Water Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.