In this subchapter:
- (1) "Agency" means a municipal power agency for which concurrent ordinances are adopted under Section 163.073.
- (2) "Bond" includes a note, but does not include a nonnegotiable purchase money note issued under Section 163.067 or 163.087.
- (3) "Concurrent ordinance" means an ordinance or order adopted under this subchapter by all of the participating public entities of an agency.
- (4) "Obligations" means revenue bonds or notes.
Added by Acts 2015, 84th Leg., R.S., Ch. 1162 (S.B. 776), Sec. 3, eff. September 1, 2015.