Utilities Code › Title 2 › Chapter 40 › Subchapter C

Texas Utilities Code § 40.103

Protection of Bondholders

Competition for Municipally Owned Utilities and River Authorities · Rights Not Affected

Nothing in this subtitle or any rule adopted under this subtitle shall impair contracts, covenants, or obligations between this state, river authorities, municipalities, and the bondholders of revenue bonds issued by the river authorities or municipalities.

Official text of the Texas Utilities Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.