Sec. 9601.210. STATE PLEDGE REGARDING RIGHTS AND REMEDIES OF BONDHOLDERS. Without depriving this state of its power to regulate and control the rates, fees, and charges assessed for water sold and waste collection and treatment services provided by the district, the state pledges to and agrees with the holders of district bonds that the state will not exercise its power to regulate and control the rates, fees, and charges in any way that would impair the rights or remedies of the holders of the bonds.
Added by Acts 2009, 81st Leg., R.S., Ch. 523 (S.B. 1223), Sec. 1, eff. June 19, 2009.Section: Previous 9601.202 9601.203 9601.204 9601.205 9601.206 9601.207 9601.208 9601.209 9601.210 9601.211 9601.212 9601.213 9601.214 9601.215 9601.216 Next
Last modified: September 28, 2016