Water Code § 60.178 — United States — Texas law | Esheria

Water Code § 60.178

An encumbrance may authorize foreclosure by a trustee, and may allow a franchise to be granted to a foreclosure purchaser to run the encumbered property for up to 20 years after default. The district may also repurchase the property at five-year intervals for 20 years after default on reasonable terms and prices set in

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
View official record ↗
infrastructure property finance

Statute overview

About this statute

An encumbrance may authorize foreclosure by a trustee, and may allow a franchise to be granted to a foreclosure purchaser to run the encumbered property for up to 20 years after default. The district may also repurchase the property at five-year intervals for 20 years after default on reasonable terms and prices set in the encumbrance.

LexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.