Tex. Water Code § 152.252

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

Section 152.252 - Authority to Enter Into Hedging Contract

(a) A river authority or a corporation created under Section 152.051 may enter into a hedging contract and related security and insurance agreements.

(b) A hedging transaction must comply with the regulations of the Commodity Futures Trading Commission and the Securities and Exchange Commission.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. 9/1/1999.