Tex. Spec. Dist. Local Laws Code Section 8503.022
Property Useful in the Production or Utilization of Electric Energy

This chapter does not prohibit or restrict the sale, lease, or other disposition, to an electric cooperative, municipality, nonprofit corporation created by the authority under Chapter 152 (River Authorities Engaged in Distribution and Sale of Electric Energy), Water Code, or other governmental agency or body politic and corporate of this state, of any property acquired or constructed by the authority and incidental to or used or useful in the generation, production, transmission, distribution, or sale of electric energy. The authority may pledge the proceeds of a sale under this section to the same extent and in the same manner in which it is authorized to pledge its revenues.

Added by Acts 2003, 78th Leg., ch. 996, Sec. 1, eff. Sept. 1, 2003.

Renumbered from Water Code, Section 222.022 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(b), eff. September 1, 2007.

Amended by:

Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 13.006(m), eff. September 1, 2007.

Source: Section 8503.022 — Property Useful in the Production or Utilization of Electric Energy, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8503.htm#8503.022 (accessed Apr. 29, 2024).

8503.001
Creation 8503.002
Definitions 8503.003
Territory 8503.004
Powers and Duties 8503.005
Limitations of Authority 8503.006
Board of Directors 8503.007
Officers 8503.008
Disbursement of Funds 8503.009
Office 8503.010
Conflict of Interest 8503.011
Rates and Charges 8503.012
Payment of Debts 8503.013
Issuance of Bonds 8503.014
Default Procedures 8503.015
Audits 8503.016
Authority as Conservation and Reclamation District 8503.017
Bonds as Negotiable Instruments 8503.018
Additional Powers Relating to Contracts, Rules, and Regulations 8503.019
Purchase of Bonds 8503.020
Disposition of Property 8503.021
Property Agreements with City of Austin 8503.0021
Application of Sunset Act 8503.022
Property Useful in the Production or Utilization of Electric Energy 8503.023
Public Access 8503.024
Bonds Exempt from Taxation 8503.025
Source of Authority 8503.026
Bonds as Investments and Security for Deposits 8503.027
Construction 8503.028
Authority Powers in Lampasas County 8503.029
Additional Specific Powers 8503.030
Provision of Water to Municipality Outside Colorado River Basin 8503.031
Authority of Municipality to Contract for Water 8503.032
Broadband Service Infrastructure and Connectivity 8503.0065
Director Training 8503.0105
Public Engagement Policy 8503.0106
Complaints 8503.0107
Public Testimony 8503.0108
Alternative Dispute Resolution Procedures

Accessed:
Apr. 29, 2024

§ 8503.022’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_8503.022

Original Source: Section 8503.022 — Property Useful in the Production or Utilization of Electric Energy, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8503.htm#8503.022 (last accessed Apr. 29, 2024).