Sec. 163.101. CREATION. (a) Notwithstanding Section 163.054, two or more public entities may create a municipal power agency governed by Subchapter C if the entities:
(1) are municipalities;
(2) are engaged in the distribution and sale of electric energy to the public; and
(3) receive a major portion of their power through or from an interstate electric system.
(b) The entities must comply with the provisions of Subchapter C relating to the creation of a municipal power agency, including the concurrent ordinance and election provisions.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.