§ 13.511 Definitions
§ 13.512 Authority to Enter Into Privatization Contracts
§ 13.513 Election by Eligible City to Exempt Service Provider From Utility Commission Jurisdiction
§ 13.514 Term and Provisions of a Privatization Contract
§ 13.515 Payments Under a Privatization Contract
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Terms Used In Texas Water Code Chapter 13 > Subchapter N - Privatization Contracts

  • Contract: A legal written agreement that becomes binding when signed.
  • in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005