JOINT ACQUISITION OF MORTGAGED SYSTEM BY TWO OR MORE DISTRICTS.

Tex. WATER Code § 51.181.
in effect
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(a) Two or more districts jointly may acquire by gift, grant, or purchase any part of an irrigation system serving the districts subject to a mortgage or encumbrances in the same manner that a single district may acquire the system. (b) In the proceedings authorizing the acquisition, the boards of the respective districts shall define clearly the respective rights, interest, and liability of the districts in the acquired property and in the mortgage or encumbrance. Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026
Tex. WATER Code § 51.181. — JOINT ACQUISITION OF MORTGAGED SYSTEM BY TWO OR MORE DISTRICTS | Texas Statutes | Corpus