Water supply corporation means a nonprofit water supply corporation created and operating under Chapter 67 of the Texas Water Code.
Water supply corporation means a nonprofit water supply or sewer service corporation created or operating under Chapter 67 [76, Acts of the 43rd Legislature, 1st Called Session, 1933 (Article 1434a, Vernon's Texas Civil Statutes)].
Water supply corporation means a nonprofit water supply corporation created and operating under Chapter 67 of the Texas Water Code. Section 1.2. Security for Bonds and Sources of Payments; Perfection of Security Interest. (a) The Bonds and the interest and any premium thereon shall be special, limited obligations of the Board secured by and payable solely from the Security. The Board hereby pledges and grants a lien on the Security to secure payment of the principal of, premium, if any, and interest on the Bonds and the respective owners thereof shall have a valid claim only against the Security and other funds and accounts, which Security and other funds and accounts are hereby pledged for the equal and ratable payment of the Bonds and the premium, if any, and interest thereon and shall be used for no other purpose other than to pay the principal of and premium, if any, and interest on the Bonds, except as may be otherwise expressly authorized in this Indenture. The Bonds and the premium, if any, and interest thereon shall not now and shall never constitute an indebtedness or an obligation, general or moral, or a pledge of the faith or loan of credit of the Board or the State, within the purview of any constitutional limitation or provision, and shall never constitute or give rise to a charge against the faith and credit or taxing powers, if any, of the Board or the State, but shall be special, limited obligations of the Board, payable solely from the Trust Estate established hereunder and the Master Trust Indenture, the proceeds from the sale of the Bonds and the income from the temporary investment thereof. The Board has no taxing power. (b) Chapter 1208 of the Texas Government Code applies to the issuance of the Bonds and the pledge of the revenues made pursuant to this Indenture, and such pledge is therefore valid, effective and perfected. If State law is amended at any time while the Bonds are outstanding and unpaid such that such pledge is to be subject to the filing requirements of Chapter 9 of the Texas Business and Commerce Code, then in order to preserve to the registered owners of the Bonds the perfection of the security interest in said pledge, the Board agrees to take such measures as it determines are reasonable and necessary under State law to comply with the applicable provisions of Chapter 9 of the Texas Business and Commerce Code and enable a filing to perfect the security interest in said pledge to occur. Section 1.3. Day Counting. With respect to the interest ...
Examples of Water supply corporation in a sentence
Check only ONE box.Corporation The Customer meets all of the following:• Is legally incorporated under the laws of any state or country• Is recognized as a corporation by SOS• Has proper operating authority to operate in Texas Examples of Corporationso Subchapter S corporationo General corporationo Limited liability company (LLC)o Water supply corporation • IndividualAn individual is a person who is regulated by TCEQ but has not established a business.
More Definitions of Water supply corporation
Water supply corporation means a nonprofit water supply or sewer service corporation created or operating under Chapter67.
Water supply corporation means a nonprofit water supply corporation created and operating under Chapter 67 [76, Acts of the 43rd Legislature, 1st Called Session, 1933 (Article 1434a, Vernon's Texas Civil Statutes)].
Water supply corporation means any member‑owned, consumer‑owned water supply corporation created and operating under Chapter 67 [76, Acts of the 43rd Legislature, 1st Called Session, 1933 (Article 1434a, Vernon's Texas Civil Statutes)], that:
Water supply corporation means a water supply corporation operating under Chapter 67, Water Code.
Water supply corporation means a nonprofit water supply or sewer service corporation created or operating under Chapter 67.
Water supply corporation means a nonprofit water supply corporation created and operating under Chapter67.
Water supply corporation means a water supply