Utilities Code › Title 2 › Chapter 41 › Subchapter C

Texas Utilities Code § 41.103

Protection of Bondholders

Electric Cooperatives and Competition · Rights Not Affected

Nothing in this subtitle or any rule adopted under this subtitle shall impair contracts, covenants, or obligations between an electric cooperative and its lenders and holders of bonds issued on behalf of or by the electric cooperative.

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.