Texas SB2476 transfers Woodlawn Water Supply Corporation's assets and obligations to Angelina and Neches River Authority.
Texas SB2476 facilitates the transfer of the Woodlawn Water Supply Corporation's assets, debts, and contractual rights and obligations to the Angelina and Neches River Authority. Upon executing the contract, the authority assumes all real property, easements, and systems of the corporation. The Public Utility Commission of Texas will update its records to reflect the authority's possession of Certificate of Convenience and Necessity No. 10354, without requiring further application, notice, or hearing.
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- Legal Framework
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