Texas Special District Local Laws Code Chapter 9054 – Hidalgo County Water Improvement District No. 3
Current as of: 2024 | Check for updates
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Other versions
| Sections | ||
|---|---|---|
| Subchapter A | General Provisions | 9054.0001 – 9054.0002 |
| Subchapter B | Elections | 9054.0101 – 9054.0105 |
| Subchapter C | Board of Directors | 9054.0201 – 9054.0204 |
Terms Used In Texas Special District Local Laws Code Chapter 9054 - Hidalgo County Water Improvement District No. 3
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.