Texas Water Code § 152.201 Authority To Issue Obligations

Sec. 152.201. AUTHORITY TO ISSUE OBLIGATIONS. (a) A river authority may issue revenue bonds, notes, or other obligations for a purpose authorized by:

(1) this chapter; or

(2) another law, if the purpose relates to the generation, transmission, or distribution of electricity.

(b) This chapter constitutes full authority for a river authority to issue revenue bonds and other obligations without reference to any other law.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999. Amended by Acts 1999, 76th Leg., ch. 1064, Sec. 28, eff. Sept. 1, 1999.

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Last modified: September 28, 2016