Water Stock Instructions
San Antonio Water Company is a private mutual water entity, under State Code, we must conform to the statutes and our Bylaws when taking actions on shareholder's water service accounts and stock holdings. All such instructions for action on a shareholder(s) account(s) and/or shareholding(s) must be in written form, signed by the shareholder(s) of record and notarized. When a real estate (property) transfer involves the closing of one's water service account and transfer of water stock, these Water Stock Transfer Instructions should be followed.
If You Need Any Further Assistance Please Call 909-982-4107
Water Stock Leases
The leasing of water shares/stock is a privilege allowed only between shareholders. A non-shareholder (an individual with no share holdings in the water company) cannot lease shares from a shareholder. Leases cannot be implemented mid-billing cycle. Please see the requirements for leasing water shares and requirements for a legally sufficient contract for more information.
To accommodate a shareholders desire to rent their existing real property within the Company's domestic service area where they currently receive water service and have the renter receive the water bill while maintaining adherence to the Company Bylaws and Articles of Incorporation to deliver water to shareholders only the shareholder must submit an original, legally sufficient, executed rental agreement to the office and advise in writing to whom and where the water bill is to be mailed. For more information on our rental property policy, please contact our office.