Treatment of Payments Under Certain Municipal Corporation Contracts

Tex. Special District Local Laws Code § 8283.157, under Greater Texoma Utility Authority.

Tex. Special District Local Laws Code § 8283.157

Sec. 8283.157. TREATMENT OF PAYMENTS UNDER CERTAIN MUNICIPAL CORPORATION CONTRACTS. 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 (H.B. 2619), Sec. 1.04, eff. April 1, 2011.