Tex. Loc. Gov't Code § 552.141

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 552.141 - Applicability of Subchapter

This subchapter applies only to a home-rule municipality that owns or may own a water, wastewater, storm water, or drainage utility system, by ordinance or charter elects to have the management and control of two or more of those utility systems governed by this subchapter, and:

(1) has outstanding obligations payable solely from and secured by a lien on and pledge of the net revenue of one or more of those systems; or

(2) issues obligations that are payable solely from and secured by a lien on and pledge of the net revenue of one or more of those systems.

Tex. Loc. Gov't. Code § 552.141

Amended By Acts 2011, 82nd Leg., R.S., Ch. 1003, Sec. 2, eff. 6/17/2011.

Renumbered from Local Government Code, Section 402.141 by Acts 2007, 80th Leg., R.S., Ch. 885, Sec. 3.76(a)(2), eff. 4/1/2009.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 13, eff. 9/1/1999.