§ 60.171 Authority to Borrow Money and Encumber Property and Franchise
§ 60.172 Notice of Hearing On Indebtedness
§ 60.173 Hearing On Indebtedness
§ 60.174 Issuance of Obligations
§ 60.175 Execution and Sale of Obligations
§ 60.176 Obligations as Charge On Encumbered Property and Facilities
§ 60.177 Lien On Revenue; Foreclosure of Encumbrance
§ 60.178 Trustee to Enforce Foreclosure; Franchise Under Foreclosure
§ 60.179 Borrowing for Current Expenses
§ 60.180 Management and Control by Commission
§ 60.181 Proceedings to Borrow Money

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Terms Used In Texas Water Code Chapter 60 > Subchapter G - Powers of District to Provide Improvements Without Taxation

  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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.
  • Property: means real and personal property. See Texas Government Code 311.005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Service of process: The service of writs or summonses to the appropriate party.