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Tex. Water Code § 152.251

DEFINITION

Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff

In this subchapter, "hedging" means buying or selling crude oil, fuel oil, natural gas, or electric energy futures or options, or similar contracts on those commodity futures, as a protection against loss due to price fluctuations.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.