Texas Statutes
Chapter 41 - Electric Cooperatives and Competition
Subchapter D. Market Participation and Securitization

Section 41.151. Purpose - Sec. 41.151. PURPOSE. (a) The purpose of this subchapter is...

Section 41.152. Definitions - Sec. 41.152. DEFINITIONS. In this subchapter: (1) "Assignee" means any...

Section 41.153. Financing Orders; Terms - Sec. 41.153. FINANCING ORDERS; TERMS. (a) The board shall adopt...

Section 41.154. Property Rights - Sec. 41.154. PROPERTY RIGHTS. (a) The rights and interests of...

Section 41.155. No Setoff - Sec. 41.155. NO SETOFF. The interest of an assignee or...

Section 41.156. No Bypass - Sec. 41.156. NO BYPASS. (a) A financing order shall include...

Section 41.157. True-Up - Sec. 41.157. TRUE-UP. (a) A financing order shall be reviewed...

Section 41.158. True Sale - Sec. 41.158. TRUE SALE. An agreement by an electric cooperative...

Section 41.159. Security Interests; Assignment; Commingling; Default - Sec. 41.159. SECURITY INTERESTS; ASSIGNMENT; COMMINGLING; DEFAULT. (a) Securitized property...

Section 41.160. Pledge of State - Sec. 41.160. PLEDGE OF STATE. Securitized bonds are not a...

Section 41.161. Tax Exemption - Sec. 41.161. TAX EXEMPTION. Transactions involving the transfer and ownership...

Section 41.162. Not Public Utility - Sec. 41.162. NOT PUBLIC UTILITY. An assignee or financing party...

Section 41.163. Severability - Sec. 41.163. SEVERABILITY. Effective on the date the first securitized...