Texas § 552.121 APPLICABILITY OF SUBCHAPTER.

Texas Statutes

§ 552.121 — APPLICABILITY OF SUBCHAPTER.

Texas § 552.121

Code LGLocal Government Code

This text of Texas § 552.121 (APPLICABILITY OF SUBCHAPTER.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Local Government Code Code Ann. § 552.121 (2026).

Text

Sec. 552.121. APPLICABILITY OF SUBCHAPTER. This subchapter applies only to a home-rule municipality that owns an electric utility system, that by ordinance or charter elects to have the management and control of the utility system governed by a board of trustees, and that:

(1)has outstanding obligations payable in whole or in part from and secured by a lien on and pledge of the net revenue of the system; or

(2)issues obligations that:

(A)are payable in whole or in part from and secured by a lien on and pledge of the net revenue of the system; and

(B)are approved by the attorney general.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 552.121. APPLICABILITY OF SUBCHAPTER. This subchapter applies only to a home-rule municipality that owns an electric utility system, that by ordinance or charter elects to have the management and control of the utility system governed by a board of trustees, and that:
(1) has outstanding obligations payable in whole or in part from and secured by a lien on and pledge of the net revenue of the system; or
(2) issues obligations that:
(A) are payable in whole or in part from and secured by a lien on and pledge of the net revenue of the system; and
(B) are approved by the attorney general.

Legislative History

Added by Acts 1999, 76th Leg., ch. 227, Sec. 13, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.106(a), eff. Sept. 1, 2001. Renumbered from Local Government Code, Section 402.121 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.76(a)(2), eff. April 1, 2009.