Texas Water Code Chapter 41 – Rio Grande Compact
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Water Code Chapter 41 - Rio Grande Compact
- Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
- Month: means a calendar month. See Texas Government Code 312.011
- Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
- sworn: includes affirm or affirmed. See Texas Government Code 312.011
- Writ: A formal written command, issued from the court, requiring the performance of a specific act.