Tex. Water Code § 152.253

This is the official text of Tex. Water Code § 152.253, part of Texas’s Water Code — governs water rights and water resource management.

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§ 152.253. PAYMENT CONSIDERED FUEL EXPENSE.

Official statutory text

A payment by a river authority or a corporation created under Section 152.051 under a hedging contract or related agreement in relation to fuel supplies or fuel reserves is a fuel expense. The authority or corporation may credit any amount it receives under the contract or agreement against fuel expenses.

Status: in_force · Read it on the official government site

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