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2025 Texas Statutes
Water Code
Title 4 - General Law Districts
Chapter 63 - Self-Liquidating Navigation Districts
Subchapter E. General Fiscal Provisions
Section 63.227. Retiring Debt
Universal Citation:
TX Water Code § 63.227 (2025)
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Sec. 63.227. RETIRING DEBT. 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.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
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