Texas Utilities Code - Section 163.054. Creation Of Agency
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§ 163.054. CREATION OF AGENCY. (a) Public entities may
create an agency by concurrent ordinances subject to voter
approval.
(b) A public entity may join in the creation of an agency
under this subchapter only if on May 8, 1975, and at the time the
concurrent ordinance is adopted, the entity was engaged in the
authorized generation of electric energy for sale to the public.
This subsection does not prohibit a public entity from disposing of
its electric generating capabilities after creation of the agency.
(c) An agency is a:
(1) separate municipal corporation;
(2) political subdivision of this state; and
(3) political entity and corporate body.
(d) An agency may not impose a tax but has all the other
powers relating to municipally owned utilities and provided by law
to a municipality that owns a public utility.
Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.
Section: 163.013 163.014 163.015 163.016 163.051 163.052 163.053 163.054 163.055 163.056 163.057 163.058 163.059 163.060 163.061
Last modified: August 10, 2007
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