13.255[3/4] – SINGLE CERTIFICATION IN INCORPORATED OR ANNEXED
Texas Water Code § 13.255[3/4]
Summary
This law allows municipalities or franchised utilities to request that court-deposited funds earn interest while awaiting withdrawal. It ensures that any interest accrued before the funds are accessed goes to the municipality or utility, particularly in cases involving property possession or utility service in a designated area during an appeal.
Court can order funds to be in an interest-bearing account.
Interest earned before withdrawal goes to the municipality or utility.
Applies when utilities provide service in a certificated area during appeals.
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In simple terms: Learn about Texas's SINGLE CERTIFICATION IN INCORPORATED OR ANNEXED law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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