§ 552.121 Applicability of Subchapter
§ 552.122 Transfer of Management and Control of Electric Utility System
§ 552.123 Authority of Board of Trustees
§ 552.124 Effect of Previously Issued Bonds
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Terms Used In Texas Local Government Code Chapter 552 > Subchapter G - Management of Certain Encumbered Municipal Electric Utility Systems

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Home-rule municipality: means a municipality designated by Chapter 5 as a home-rule municipality. See Texas Local Government Code 1.005
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
  • 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.
  • Property: means real and personal property. See Texas Government Code 311.005