Tex. Water Code § 13.515
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Payments by an eligible city under a privatization contract shall, if so provided, constitute an operating expense of the eligible city's sanitary sewer system or combined waterworks and sanitary sewer system, except that any payment for purchase of the facilities is payable from a pledge and lien on the net revenues of the eligible city's sanitary sewer system or combined waterworks and sanitary sewer system.
Tex. Water Code § 13.515