Texas Water Code
§ 55.533 — PREFERRED LIEN IN FAVOR OF THE UNITED STATES
WA § 55.533Title 4. GENERAL LAW DISTRICTS · Ch. 55. WATER IMPROVEMENT DISTRICTS · Art. L. ISSUANCE OF BONDS
Statute text
View on sourceA lien for the payments due the United States under a contract between the district and the United States under which bonds have not been deposited with the United States shall be a preferred lien to that of any issue of bonds or any series of any issue of bonds subsequent to the date of the contract.
Legislative history
Acts 1971, 62nd Leg., p. 474, ch. 58, Sec. 1, eff. Aug. 30, 1971.