Sec. 163.012. AUTHORITY TO MAKE AGREEMENTS. Public and private entities may by agreement jointly plan, finance, acquire, construct, own, operate, and maintain electric facilities to:
(1) achieve economies of scale in providing electric energy to the public;
(2) promote the economic development of this state and its natural resources; and
(3) meet the state's future power needs.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
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