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Current as of January 01, 2024 | Updated by FindLaw Staff
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.
Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 552.141. Applicability of Subchapter - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-552-141/
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