Tex. Water Code § 15.323
This is the official text of Tex. Water Code § 15.323, part of Texas’s Water Code — governs water rights and water resource management.
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§ 15.323. SALE OF STORED WATER.
Official statutory text
(a) The board may sell any unappropriated public water of the state and other water acquired by the state that is stored by or for it. The price shall be determined by the board.
(b) Except as provided by Subsection (c) of this section, money received from any sale shall be placed in the general revenue fund.
(c) Money received from a sale of unappropriated public water or other water acquired by the state and stored by it or for it in a facility for which funds were provided from the appropriation made in Section 2, Chapter 12, Acts of the 67th Legislature, 1st Called Session, 1981, or interest earned on the money constituting that appropriation, must be deposited in a special account in the water assistance fund.
(b) Except as provided by Subsection (c) of this section, money received from any sale shall be placed in the general revenue fund.
(c) Money received from a sale of unappropriated public water or other water acquired by the state and stored by it or for it in a facility for which funds were provided from the appropriation made in Section 2, Chapter 12, Acts of the 67th Legislature, 1st Called Session, 1981, or interest earned on the money constituting that appropriation, must be deposited in a special account in the water assistance fund.
Status: in_force · Read it on the official government site
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