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Tex. Water Code § 49.2261

PURCHASE, SALE, OR OTHER EXCHANGE OF WATER OR WATER RIGHTS

Added by Acts 1997, 75th Leg., ch. 1070, Sec. 15, eff

Notwithstanding any other law, the district may:

(1) purchase, acquire, sell, transfer, lease, or otherwise exchange water or water rights under an agreement between the district and a person or entity that contains terms that are considered advantageous to the district; and

(2) employ agents, consultants, brokers, professionals, or other persons that the board determines are necessary or appropriate to conduct a transaction described by Subdivision (1).

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.