Sec. 8803.103. POWER TO CONTRACT WITH MUNICIPALITIES

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The district may enter into a contract with a municipality to assume the functions of the municipality's municipally owned utility. A contract under this section may include provisions for the district's:
(1) assumption of the debts, liabilities, and obligations of the municipally owned utility;
(2) ownership or use of the assets and facilities of the municipally owned utility; and
(3) performance of the functions and services previously provided by the municipally owned utility.

Added by Acts 2005, 79th Leg., Ch. 451 , Sec. 4, eff. June 17, 2005.

                    
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