Sec. 8283.157. TREATMENT OF PAYMENTS UNDER CERTAIN MUNICIPAL CORPORATION CONTRACTS. A payment by a municipal corporation for the purchase of water or the treatment and disposal of sewage is a maintenance and operating expense of the utility system or combined systems of the municipal corporation unless the contract:
(1) provides for the municipal corporation to acquire an ownership interest in the facilities; or
(2) makes other provisions.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.04, eff. April 1, 2011.
Section: Previous 8283.103 8283.104 8283.105 8283.106 8283.107 8283.151 8283.152 8283.153 8283.154 8283.155 8283.156 8283.157 8283.158 8283.159 8283.201 NextLast modified: September 28, 2016