Texas Water Code 53.150 – Payment of Damages
Current as of: 2024 | Check for updates
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Terms Used In Texas Water Code 53.150
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
The district shall pay out of any funds or property of the district, except the interest and sinking fund:
(1) compensation and damages adjudicated in condemnation proceedings; and
(2) compensation for damage done to the property of any person or corporation in the construction and maintenance of improvements.