Sec. 55.193. SELLING WATER RIGHTS. (a) Any district which has a permit issued by the commission to construct a reservoir and to appropriate water from a stream or watershed for irrigation or other purposes may convey to another district an interest in the reservoir or water rights.
(b) The conveyance shall be recorded in the office of the county clerk of the county in which the property is located and in the office of the executive director.
(c) The conveyance, when filed, shall convey all rights in the interest conveyed which were held under the permit by the district conveying the interest.
(d) After the conveyance is filed in the office of the executive director, the rights conveyed vest in the district to which the conveyance was made as if the rights were granted directly by the commission.
Acts 1971, 62nd Leg., p. 446, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 1981, 67th Leg., p. 961, ch. 367, Sec. 1, eff. June 10, 1981.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 55 - Water Improvement Districts
Subchapter D. Powers and Duties
Section 55.161. Purposes of District
Section 55.163. Improvements: Purchase or Construction
Section 55.165. Drainage Ditches: Levees
Section 55.166. Constructing Bridges and Culverts Across and Over County and Public Roads
Section 55.167. Constructing Culverts and Bridges Across and Under Railroad Tracks and Roadways
Section 55.185. Contract With the United States
Section 55.186. Payments Made by a District Under a Contract With the United States
Section 55.187. District as Fiscal Agent for United States
Section 55.188. Conveying Property to the United States
Section 55.192. Acquiring Water Rights
Section 55.193. Selling Water Rights
Section 55.194. Transfer of Water Right
Section 55.195. Supplying Water to Cities Outside the District
Section 55.196. Selling Waterpower Privileges
Section 55.197. Selling Surplus Water
Section 55.198. Pumping and Delivering Water to Land Near District
Section 55.200. Sale of Land Acquired by a District for Other Than District Purposes
Section 55.201. Use of Excess District Money