Texas § 51.787 DISCHARGE OF DISTRICT'S OBLIGATIONS BY TRUSTEE.

Texas Statutes

§ 51.787 — DISCHARGE OF DISTRICT'S OBLIGATIONS BY TRUSTEE.

Texas § 51.787

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This text of Texas § 51.787 (DISCHARGE OF DISTRICT'S OBLIGATIONS BY TRUSTEE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Water Code Code Ann. § 51.787 (2026).

Text

Sec. 51.787. DISCHARGE OF DISTRICT'S OBLIGATIONS BY TRUSTEE.

(a)The trustee shall reduce all assets and resources of the district to possession and money and apply them to discharge the outstanding obligations of the district, having regard to specific funds.

(b)If required, the board shall levy, assess, and collect sufficient additional taxes to pay all necessary expenses and outstanding obligations of the district.

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Sec. 51.787. DISCHARGE OF DISTRICT'S OBLIGATIONS BY TRUSTEE. (a) The trustee shall reduce all assets and resources of the district to possession and money and apply them to discharge the outstanding obligations of the district, having regard to specific funds.
(b) If required, the board shall levy, assess, and collect sufficient additional taxes to pay all necessary expenses and outstanding obligations of the district.