Sec. 152.252. AUTHORITY TO ENTER INTO HEDGING CONTRACT. (a) A river authority or a corporation created under Section 152.051 may enter into a hedging contract and related security and insurance agreements.
(b) A hedging transaction must comply with the regulations of the Commodity Futures Trading Commission and the Securities and Exchange Commission.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999.
Section: Previous 152.156 152.157 152.158 152.159 152.160 152.161 152.201 152.202 152.203 152.251 152.252 152.253 152.254 152.255 152.301 NextLast modified: September 28, 2016