Texas Utilities Code

§ 163.071 — DEFINITIONS

UT § 163.071Title 4. DELIVERY OF UTILITY SERVICES · Part A. UTILITY CORPORATIONS AND OTHER PROVIDERS · Ch. 163. JOINT POWERS AGENCIES · Art. C-1. ALTERNATE GOVERNANCE FOR CERTAIN MUNICIPAL POWER AGENCIES

Statute text

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In this subchapter:

(1)"Agency" means a municipal power agency for which concurrent ordinances are adopted under Section 163.073.

(2)"Bond" includes a note, but does not include a nonnegotiable purchase money note issued under Section 163.067 or 163.087.

(3)"Concurrent ordinance" means an ordinance or order adopted under this subchapter by all of the participating public entities of an agency.

(4)"Obligations" means revenue bonds or notes.

Legislative history

Added by Acts 2015, 84th Leg., R.S., Ch. 1162 (S.B. 776), Sec. 3, eff. September 1, 2015.