Sec. 164.003. APPROVAL OF AGREEMENT BY ATTORNEY GENERAL. (a) An agreement between political subdivisions establishing an interest in electric utility facilities that is executed under this chapter shall be submitted to the attorney general in connection with any proceeding to finance the contractual obligation by the issuance of bonds.
(b) An agreement submitted under Subsection (a) is incontestable on approval as to legality by the attorney general.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Delivery of Utility Services
Subtitle A - Utility Corporations and Other Providers
Chapter 164 - Joint Ownership of Electric Facilities by Public Entities
Section 164.001. Joint Ownership of Electric Utility Facilities Authorized
Section 164.002. Public Purpose
Section 164.003. Approval of Agreement by Attorney General
Section 164.004. Increase in Ownership Shares
Section 164.005. Contractual Obligations as Lien on System Revenue