Texas Water Code - WATER § 15.201. Definitions

(1) “Program” means the water bond insurance program.

(2) “Bonds” means bonds or other obligations of a political subdivision or water supply corporation issued to provide funds for a project defined in Subsection (b) of this section.

(3) “Insured bonds” means bonds or other obligations insured by the state under this subchapter.

(4) “Issuer” means a political subdivision or water supply corporation issuing bonds or other obligations eligible to be insured under the program.

(5) “Water supply corporation” means a nonprofit water supply corporation created and operating under Chapter 67.