Texas Utilities Code

§ 251.054 — EXPENSES AND LIABILITIES OF CORPORATION

UT § 251.054Title 5. PROVISIONS AFFECTING THE OPERATION OF UTILITY FACILITIES · Ch. 251. UNDERGROUND FACILITY DAMAGE PREVENTION AND SAFETY · Art. B. TEXAS UNDERGROUND FACILITY NOTIFICATION CORPORATION

Statute text

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(a)All expenses of the corporation shall be paid from income of the corporation.

(b)A liability created by the corporation is not a debt of this state, and the corporation may not secure a liability with funds or assets of this state.

Legislative history

Added by Acts 1999, 76th Leg., ch. 62, Sec. 18.17(a), eff. Sept. 1, 1999.