Texas Statutes
Subchapter B. Cooperation by Public and Private Entities
Section 163.012. Authority to Make Agreements

Sec. 163.012. AUTHORITY TO MAKE AGREEMENTS. Public and private entities may by agreement jointly plan, finance, acquire, construct, own, operate, and maintain electric facilities to:
(1) achieve economies of scale in providing electric energy to the public;
(2) promote the economic development of this state and its natural resources; and
(3) meet the state's future power needs.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.