13.514 – TERM AND PROVISIONS OF A PRIVATIZATION CONTRACT.
Texas Water Code § 13.514
Summary
This law allows eligible cities in Texas to enter into privatization contracts with flexible terms and provisions. These contracts can include liability allocation, indemnification, and facility purchase options as determined by the city's governing body.
Eligible cities can create privatization contracts.
Contracts can include liability and indemnification provisions.
Governing body decides terms in the city's best interest.
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In simple terms: Learn about Texas's TERM AND PROVISIONS OF A PRIVATIZATION CONTRACT. law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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