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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The trustee shall charge against the trust estate all reasonable expenses incurred by him in caring for, conducting, and controlling the business of the district, in employing counsel for the district, and in conducting or defending suits, and on posting notice as required in cases of other claims, the trustee shall present the charges to the commissioners court annually at a regular meeting.
(b) On approval by the commissioners court, the expenses become a valid and subsisting claim against the district and may be retained by the trustee out of funds controlled by him as treasurer of the dissolved district.
(c) If the claim for expenses is rejected either in whole or in part, the trustee may appeal the decision as other claimants appeal decisions under this subchapter.
Cite this article: FindLaw.com - Texas Water Code - WATER § 56.304. Expenses of the Trustee - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-56-304/
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