Texas § SD.8506.154 - RATES AND OTHER CHARGES
Full text of Texas The Texas Constitution § SD.8506.154 — RATES AND OTHER CHARGES, with citation guidance and answers to common questions.
§ SD.8506.154. RATES AND OTHER CHARGES
RATES AND OTHER CHARGES. (a) The board shall establish and collect rates and other charges for the sale or use of water, water connections, power, electric energy, or other services sold, provided, or supplied by the authority. (b) The rates and charges must be reasonable, nondiscriminatory, and sufficient to provide revenue adequate to: (1) pay all expenses necessary to the operation and maintenance of the properties and facilities of the authority; (2) pay the interest on and the principal of all bonds issued under this chapter or its predecessor statute when and as they become due and payable; (3) pay all sinking fund or reserve fund payments agreed to be made with respect to bonds issued under this chapter or its predecessor statute and payable out of that revenue when and as they become due and payable; and (4) fulfill the terms of any agreements made with the holders of bonds issued under this chapter or its predecessor statute or with any person in their behalf. (c) The rates and charges may not exceed what may be necessary to fulfill the obligations imposed on the authority by this chapter. Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162 ), Sec. 1.05, eff. April 1, 2017.
Frequently Asked Questions About Texas § SD.8506.154
What does The Texas Constitution § SD.8506.154 cover?
Section SD.8506.154 ("RATES AND OTHER CHARGES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § SD.8506.154?
A common citation format is "The Texas Constitution § SD.8506.154" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § SD.8506.154 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.