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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 F. Hedging Transactions
Section 152.252. Authority to Enter Into Hedging Contract
Universal Citation:
TX Water Code § 152.252 (2025)
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Sec. 152.252. AUTHORITY TO ENTER INTO HEDGING CONTRACT. (a) A river authority or a corporation created under Section 152.051 may enter into a hedging contract and related security and insurance agreements.
(b) A hedging transaction must comply with the regulations of the Commodity Futures Trading Commission and the Securities and Exchange Commission.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 26, eff. Sept. 1, 1999.
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