Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 6. WATER AND WASTEWATER |
Subtitle F. MUNICIPAL UTILITY DISTRICTS |
Chapter 8283. GREATER TEXOMA UTILITY AUTHORITY |
Subchapter D. POWERS AND DUTIES |
Sec. 8283.157. TREATMENT OF PAYMENTS UNDER CERTAIN MUNICIPAL CORPORATION CONTRACTS
Latest version.
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A payment by a municipal corporation for the purchase of water or the treatment and disposal of sewage is a maintenance and operating expense of the utility system or combined systems of the municipal corporation unless the contract:
(1) provides for the municipal corporation to acquire an ownership interest in the facilities; or
(2) makes other provisions.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 , Sec. 1.04, eff. April 1, 2011.