Nothing in this subtitle or any rule adopted under this subtitle shall impair contracts, covenants, or obligations between an electric cooperative and its lenders and holders of bonds issued on behalf of or by the electric cooperative.
Tex. Util. Code § 41.103
PROTECTION OF BONDHOLDERS
Known as the Public Utility Regulatory Act
The act spans §§ 11–66 (1,170 sections).
Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.