Texas Local Government Code 562.002 – Sale of Surplus Water; Use of Proceeds
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(a) The commissioners court of a county may sell and deliver county surplus water to:
(1) a public corporation of this state; or
(2) a political subdivision of this state, including a municipality, water control and improvement district, or fresh water supply district.
(b) A county shall credit money received from the sale of county surplus water to the general fund of the county and may spend the money for general county purposes.
Terms Used In Texas Local Government Code 562.002
- 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.
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005