Sec. 5. (a) This section does not apply to any part of a district:
(1) that is not receiving services from the district; or
(2) in which services of the district are not available;
at the time of the occurrence of any event described in subsection (b)(1) or (b)(2).
(b) The services in those parts of a district in which they are provided or made available by the district shall not be curtailed or limited by:
(1) the inclusion of all or any part of the district's territory, by annexation or otherwise, within the boundaries of:
(A) any municipality; or
(B) the service territory of another entity that provides or seeks to provide the same services provided by the district; or
(2) the granting of any private franchise to provide the same services within all or any part of the district's territory;
during the term of any loan under which the district is obligated, regardless of whether the loan is made by a federal agency or by any other public or private lender.
(c) The occurrence of any event described in subsection (b)(1) or (b)(2) does not require a district to secure any franchise, license, or permit as a condition to continuing to provide service to any part of the district's territory served by the district at the time of the occurrence of the event.
As added by P.L.27-2022, SEC.1.