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2025 Texas Statutes
Water Code
Title 5 - Special Law Districts
Chapter 152 - River Authorities Engaged in Distribution and Sale of Electric Energy
Subchapter B. Nonprofit Corporation Acting on Behalf of River Authority
Section 152.054. Supervision by Board of Directors of River Authority
Universal Citation:
TX Water Code § 152.054 (2025)
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Sec. 152.054. SUPERVISION BY BOARD OF DIRECTORS OF RIVER AUTHORITY. (a) The budget of a corporation created under Section 152.051 must be approved by the board of directors of the river authority.
(b) The activities of the corporation are subject to the continuing review and supervision of the river authority's board of directors.
(c) The issuance of bonds or other obligations under this chapter by a corporation created under Section 152.051 must be approved by the board of directors of the river authority.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999.
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