Texas Water Code Chapter 58 > Subchapter H – General Fiscal Provisions
Current as of: 2024 | Check for updates
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Other versions
| § 58.351 | Construction Fund |
| § 58.352 | Maintenance Fund |
| § 58.353 | Amortization and Emergency Fund |
Terms Used In Texas Water Code Chapter 58 > Subchapter H - General Fiscal Provisions
- Amortization: Paying off a loan by regular installments.
- 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.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005