Tex. Utils. Code Section 41.104
Tax-exempt Status


Nothing in this subtitle may impair the tax-exempt status of electric cooperatives, nor shall anything in this subtitle compel any electric cooperative to use its facilities in a manner that violates any contractual provisions, bond covenants, or other restrictions applicable to facilities financed by tax-exempt or federally insured or guaranteed debt.
Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.

Source: Section 41.104 — Tax-exempt Status, https://statutes.­capitol.­texas.­gov/Docs/UT/htm/UT.­41.­htm#41.­104 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 41.104’s source at texas​.gov