Tex. Util. Code § 163.101

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

Section 163.101 - Creation

(a) Notwithstanding Section 163.054, two or more public entities may create a municipal power agency governed by Subchapter C if the entities:

(1) are municipalities;

(2) are engaged in the distribution and sale of electric energy to the public; and

(3) receive a major portion of their power through or from an interstate electric system.

(b) The entities must comply with the provisions of Subchapter C relating to the creation of a municipal power agency, including the concurrent ordinance and election provisions.

Tex. Util. Code § 163.101

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.