Texas § 1501.103 AUTHORITY TO SELL ELECTRICITY OF PLANT AND SYSTEM.

Texas Statutes

§ 1501.103 — AUTHORITY TO SELL ELECTRICITY OF PLANT AND SYSTEM.

Texas § 1501.103

Code GVGovernment Code

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Bluebook

Tex. Government Code Code Ann. § 1501.103 (2026).

Text

Sec. 1501.103. AUTHORITY TO SELL ELECTRICITY OF PLANT AND SYSTEM. A municipality that acquires an electric plant and system under Section 1501.101 may:

(1)sell electricity either at retail or wholesale for distribution in New Mexico; and

(2)enter into a sales agreement for the electricity as the governing body of the municipality provides. SUBCHAPTER D. CERTIFICATES OF INDEBTEDNESS TO FINANCE JUDGMENTS OR SETTLEMENTS RELATED TO MUNICIPAL NATURAL GAS SYSTEM

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Sec. 1501.103. AUTHORITY TO SELL ELECTRICITY OF PLANT AND SYSTEM. A municipality that acquires an electric plant and system under Section 1501.101 may:
(1) sell electricity either at retail or wholesale for distribution in New Mexico; and
(2) enter into a sales agreement for the electricity as the governing body of the municipality provides.
SUBCHAPTER D. CERTIFICATES OF INDEBTEDNESS TO FINANCE JUDGMENTS OR SETTLEMENTS RELATED TO MUNICIPAL NATURAL GAS SYSTEM