Tex. Local Government Code § 552.141
APPLICABILITY OF SUBCHAPTER
Texas · Texas Local Government Code · Status: effective
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- Citation
- Tex. Local Government Code § 552.141, APPLICABILITY OF SUBCHAPTER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/694343
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Full text
This subchapter applies only to a home-rule municipality that owns or may own a water, wastewater, storm water, or drainage utility system, by ordinance or charter elects to have the management and control of two or more of those utility systems governed by this subchapter, and:
(1) has outstanding obligations payable solely from and secured by a lien on and pledge of the net revenue of one or more of those systems; or
(2) issues obligations that are payable solely from and secured by a lien on and pledge of the net revenue of one or more of those systems.