Texas Water Code 15.971 – Definitions
Terms Used In Texas Water Code 15.971
- 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.
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005
In this subchapter:
(1) “Eligible political subdivision” means a city, county, district, or authority created under § 52, Article III, or § 59, Article XVI, Texas Constitution, including a groundwater district with a groundwater management plan certified by the board under § 36.1072, any other political subdivision of the state, any interstate compact commission to which the state is a party, and any nonprofit water supply corporation created and operating under Chapter 67.
(2) “Fund” means the water infrastructure fund.
(3) “Metropolitan statistical area” means an area so designated by the United States Office of Management and Budget.
(4) “Political subdivision bonds” means bonds or other obligations issued by a political subdivision to fund a project and purchased by the board from money in the fund.
(5) “Project” means any undertaking or work, including planning and design activities and work to obtain regulatory authority, to conserve, mitigate, convey, and develop water resources of the state, including any undertaking or work done outside the state that the board determines will result in water being available for use in or for the benefit of the state.