{"data":{"id":"us-tx/tex.-government-code-1501.103","jurisdiction":"us-tx","citation":"Tex. Government Code § 1501.103","heading":"AUTHORITY TO SELL ELECTRICITY OF PLANT AND SYSTEM.","body":"A municipality that acquires an electric plant and system under Section 1501.101 may:\n(1) sell electricity either at retail or wholesale for distribution in New Mexico; and\n(2) enter into a sales agreement for the electricity as the governing body of the municipality provides.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES","CHAPTER 1501. OBLIGATIONS FOR MUNICIPAL UTILITIES","SUBCHAPTER C. REVENUE BONDS TO FINANCE CERTAIN TEXAS-NEW MEXICO ELECTRIC PROPERTIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1501.htm#1501.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"f2f9bcce4cfb0afa4a36aa138072dcc1a1820af8cf50f70c4d40d3b80315b4e4","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1501.102","next":"us-tx/tex.-government-code-1501.151"},"notice":"GroundRules: Original legal text. Not legal advice."}