Sec. 60.180. MANAGEMENT AND CONTROL BY COMMISSION. The management and control of any property and facilities encumbered under the provisions of this subchapter shall, during the time of the encumbrance, be exercised by the commission.
Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971.
Structure Texas Statutes
Title 4 - General Law Districts
Chapter 60 - Navigation Districts--General Provisions
Subchapter G. Powers of District to Provide Improvements Without Taxation
Section 60.171. Authority to Borrow Money and Encumber Property and Franchise
Section 60.172. Notice of Hearing on Indebtedness
Section 60.173. Hearing on Indebtedness
Section 60.174. Issuance of Obligations
Section 60.175. Execution and Sale of Obligations
Section 60.176. Obligations as Charge on Encumbered Property and Facilities
Section 60.177. Lien on Revenue; Foreclosure of Encumbrance
Section 60.178. Trustee to Enforce Foreclosure; Franchise Under Foreclosure
Section 60.179. Borrowing for Current Expenses