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Texas Utilities Code - Section 163.102. Powers

Legal Research Home > Texas Lawyer > Utilities Code > Texas Utilities Code - Section 163.102. Powers

§ 163.102. POWERS.  (a) An agency created under this 
subchapter may:      
		(1)  generate and transmit electric power and energy 
inside and outside this state;
		(2)  sell, purchase, or exchange electric power and 
energy with entities inside or outside this state;  and
		(3)  construct or acquire new steam electric generating 
facilities, but only if the facilities are owned jointly by the 
agency and one or more private entities.
	(b)  This section does not authorize an agency created under 
this subchapter to engage in the distribution and retail sale of 
electric power and energy.

Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.                    

Last modified: August 10, 2007