Tex. Water Code § 15.319
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
With reference to the sale of a state facility, "direct cost of acquisition" means the principal amount the board has paid plus the amounts the board has agreed to pay under obligations not transferred to the purchaser for a facility up to the date of sale, but does not include the board's cost of operating and maintaining the facility from the date of acquisition to the date of the sale or transfer of the facility.
Tex. Water Code § 15.319