Texas Statutes
Subchapter B. Powers and Duties
Section 7886.0201. Qualified Water Supply Corporation

Text of section effective on April 01, 2023
Sec. 7886.0201. QUALIFIED WATER SUPPLY CORPORATION. A corporation is qualified to assume the district's debts, liabilities, and obligations and assume ownership of the district's assets and facilities if the corporation:
(1) is member-owned, member-controlled, and formed under Chapter 67, Water Code; and
(2) possesses a valid certificate of public convenience and necessity obtained under Section 13.246, Water Code.
Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.02, eff. April 1, 2023.

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