{"data":{"id":"us-tx/tex.-utilities-code-41.163","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 41.163","heading":"SEVERABILITY.","body":"Effective on the date the first securitized bonds are issued under this subchapter, if any provision in this title or portion of this title is held to be invalid or is invalidated, superseded, replaced, repealed, or expires for any reason, that occurrence does not affect the validity or continuation of this subchapter or any other provision of this title that is relevant to the issuance, administration, payment, retirement, or refunding of securitized bonds or to any actions of the electric cooperative, its successors, an assignee, a collection agent, or a financing party, which shall remain in full force and effect.\nAdded by Acts 2021, 87th Leg., R.S., Ch. 950 (S.B. 1580), Sec. 1, eff. June 18, 2021.","path":["UTILITIES CODE","TITLE 2. PUBLIC UTILITY REGULATORY ACT","SUBTITLE B. ELECTRIC UTILITIES","CHAPTER 41. ELECTRIC COOPERATIVES AND COMPETITION","SUBCHAPTER D. MARKET PARTICIPATION AND SECURITIZATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.41.htm#41.163","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"541bc09338ba3df30357742698ee8ba802d197cf5ebf83ba3add1d4d8f403d0a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-41.162","next":"us-tx/tex.-utilities-code-42.0101"},"notice":"GroundRules: Original legal text. Not legal advice."}