A district contract for the purchase or sale of water may not exceed 40 years.
Tex. Spec. Dist. Local Laws Code § 9060.155
DURATION OF CONTRACT FOR WATER PURCHASE OR SALE
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.06, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.