Texas Statutes

§ 56.182 — DISTRICT FUNDS.

Texas § 56.182
JurisdictionTexas
Code WAWater Code

This text of Texas § 56.182 (DISTRICT FUNDS.) 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. § 56.182 (2026).

Text

Sec. 56.182. DISTRICT FUNDS.

(a)The construction and maintenance fund consists of money, effects, property, and proceeds received by the district from any source except that portion of tax collections necessary to pay principal and interest on bonded indebtedness.
(b)The interest and sinking fund consists of that portion of tax collections necessary for paying principal and interest on bonded indebtedness, and this fund may be invested for the benefit of the district as provided by law.
(c)Each fund shall be held for the purpose for which it was created, and if money is improperly paid from either fund, the board may transfer money in the two funds to restore the fund which was improperly used. SUBCHAPTER F. ISSUANCE OF BONDS AND NOTES

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Legislative History

Acts 1971, 62nd Leg., p. 515, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 2001, 77th Leg., ch. 298, Sec. 6, eff. Sept. 1, 2001.

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Bluebook (online)
Texas § 56.182, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/56.182.