Tex. Utilities Code § 41.104: TAX-EXEMPT STATUS.
Where this section sits in the code
- UTILITIES CODE
- TITLE 2. PUBLIC UTILITY REGULATORY ACT
- SUBTITLE B. ELECTRIC UTILITIES
- CHAPTER 41. ELECTRIC COOPERATIVES AND COMPETITION
- SUBCHAPTER C. RIGHTS NOT AFFECTED
Nothing in this subtitle may impair the tax-exempt status of electric cooperatives, nor shall anything in this subtitle compel any electric cooperative to use its facilities in a manner that violates any contractual provisions, bond covenants, or other restrictions applicable to facilities financed by tax-exempt or federally insured or guaranteed debt.
Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.
Collected 2026-08-27T01:47:45Z. Source file · JSON