Texas Water Code 15.731 – Definitions
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Terms Used In Texas Water Code 15.731
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
In this subchapter:
(1) “Fund” means the plumbing loan fund.
(2) “Plumbing assistance loan” means a loan provided by the board to a political subdivision for the political subdivision’s plumbing improvement loan program.
(3) “Plumbing improvement loan” means a loan provided by a political subdivision to an individual under this subchapter.
(4) “Political subdivision” means a county, a municipality, a nonprofit member-owned, member-controlled water supply corporation organized and operating under Chapter 67, or a district or authority created and operating under Article III, § 52, or Article XVI, § 59, of the Texas Constitution.
(5) “Water conservation” has the meaning assigned by § 17.921 of this code.