Tex. Water Code § 152.056

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 152.056 - Transfer of River Authority Assets to Corporation

Notwithstanding any other law, the board of directors of a river authority may sell, lease, loan, or otherwise transfer some, all, or substantially all of the electric generation property of the river authority to a corporation created under Section 152.051. The property transfer must be made under terms approved by the board of directors of the river authority.

Tex. Water Code § 152.056

Added by Acts 1999, 76th Leg., ch. 1064, Sec. 26, eff. 9/1/1999.