Texas § 60.119 COVENANTS FOR MANAGEMENT AND OPERATION OF IMPROVEMENTS.

Texas Statutes

§ 60.119 — COVENANTS FOR MANAGEMENT AND OPERATION OF IMPROVEMENTS.

Texas § 60.119

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This text of Texas § 60.119 (COVENANTS FOR MANAGEMENT AND OPERATION OF IMPROVEMENTS.) 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. § 60.119 (2026).

Text

Sec. 60.119. COVENANTS FOR MANAGEMENT AND OPERATION OF IMPROVEMENTS.

(a)A resolution or order authorizing the issuance of obligations under this subchapter may include covenants with the holders of the obligations relating to:

(1)the management and operation of the improvements and facilities;

(2)the collection of fees and charges for the use of the improvements and facilities;

(3)the disposition of the fees and charges;

(4)the issuance of future obligations and creation of future liens and encumbrances against the improvements, facilities, and the revenue from them; and

(5)other pertinent matters, as may be deemed necessary to insure the marketability of the obligations.

(b)The covenants shall not be inconsistent with the provisions of this subchapter.

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Sec. 60.119. COVENANTS FOR MANAGEMENT AND OPERATION OF IMPROVEMENTS. (a) A resolution or order authorizing the issuance of obligations under this subchapter may include covenants with the holders of the obligations relating to:
(1) the management and operation of the improvements and facilities;
(2) the collection of fees and charges for the use of the improvements and facilities;
(3) the disposition of the fees and charges;
(4) the issuance of future obligations and creation of future liens and encumbrances against the improvements, facilities, and the revenue from them; and
(5) other pertinent matters, as may be deemed necessary to insure the marketability of the obligations.
(b) The covenants shall not be inconsistent with the provisions of this subchapter.