Tex. Spec. Dists. Code § 7886.0201

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

Section 7886.0201 - Qualified Water Supply Corporation

A corporation is qualified to assume the district's debts, liabilities, and obligations and assume ownership of the district's assets and facilities if the corporation:

(1) is member-owned, member-controlled, and formed under Chapter 67, Water Code; and

(2) possesses a valid certificate of public convenience and necessity obtained under Section 13.246, Water Code.

Tex. Spec. Dist. Loc. Laws § 7886.0201

Added by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 914,Sec. 1.02, eff. 4/1/2023.