Texas Utilities Code Chapter 43 > Subchapter A – General Provisions
Current as of: 2024 | Check for updates
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§ 43.001 | Legislative Findings |
§ 43.002 | Applicability |
§ 43.003 | Definitions |
Terms Used In Texas Utilities Code Chapter 43 > Subchapter A - General Provisions
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.