Sec. 163.123.  AUTHORITY OF PUBLIC UTILITY COMMISSION.  A joint powers agency created under this subchapter is:
(1)  subject to all applicable provisions of Title 2;   and
(2)  under the jurisdiction of the Public Utility Commission of Texas as provided by Title 2.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.