Tex. Special District Local Laws Code § 7886.0201: QUALIFIED WATER SUPPLY CORPORATION.
Where this section sits in the code
- SPECIAL DISTRICT LOCAL LAWS CODE
- TITLE 6. WATER AND WASTEWATER
- SUBTITLE F. MUNICIPAL UTILITY DISTRICTS
- CHAPTER 7886. SEBASTIAN MUNICIPAL UTILITY DISTRICT
- SUBCHAPTER B. POWERS AND DUTIES
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.
Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.02, eff. April 1, 2023.
Collected 2026-08-27T01:47:41Z. Source file · JSON