Texas Statutes
§ 58.391 — AUTHORITY TO BORROW MONEY.
Texas § 58.391
JurisdictionTexas
Code WAWater Code
This text of Texas § 58.391 (AUTHORITY TO BORROW MONEY.) 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. § 58.391 (2026).
Text
Sec. 58.391. AUTHORITY TO BORROW MONEY. The board may declare that funds are not available to meet lawfully authorized obligations of the district, thereby creating an existing emergency, and may borrow money at a rate of not more than 10 percent a year on notes of the district to pay obligations.
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Related
Engelman Irrigation District v. Texas Commission on Environmental Quality
251 S.W.3d 184 (Court of Appeals of Texas, 2008)
Engelman Irrigation District v. Texas Commission on Environmental Quality and Shields Brothers, Inc.
(Court of Appeals of Texas, 2008)
Legislative History
Added by Acts 1977, 65th Leg., p. 1537, ch. 627, Sec. 1, eff. Aug. 29, 1977.
Nearby Sections
15
§ 58.001
DEFINITIONS.§ 58.011
CREATION OF DISTRICT.§ 58.012
COMPOSITION OF DISTRICT.§ 58.013
PETITION.§ 58.014
CONTENTS OF PETITION.§ 58.015
PLACE OF FILING; RECORDING.§ 58.017
SINGLE-COUNTY DISTRICT; HEARING.§ 58.019
SINGLE-COUNTY DISTRICT; NAME.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 58.391, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/58.391.