Sec. 379B.006.  UTILITIES FOR AUTHORITIES CREATED IN POPULOUS MUNICIPALITY.  (a)  This section applies only to an authority created by a municipality with a population of 50,000 or more.
(b)  An authority may accept an electric, gas, potable water, or sanitary sewage utility conveyed by the United States but may not operate it. 
(c)  An authority shall convey a utility received under Subsection (b) to the municipality that established the authority.  The municipality shall pay the authority fair market value for the utility.
(d)  If state or federal law prohibits the operation or ownership of the utility by the municipality, the municipality shall convey the utility to an entity that may operate it.  The municipality may charge fair market value for the conveyance.
Added by Acts 1999, 76th Leg., ch. 1221, Sec. 1, eff. Aug. 30, 1999.  Amended by Acts 2001, 77th Leg., ch. 1069, Sec. 1, eff. Sept. 1, 2001.  Renumbered from Local Government Code Sec. 378.006 by Acts 2003, 78th Leg., ch. 1275, Sec. 2(108), eff. Sept. 1, 2003.