Gavvy: Loc. Gov’t Code, Sec. 399.012. Direct Acquisition by Owner.

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Sec. 399.012. Direct Acquisition by Owner.


Sec. 399.012.  DIRECT ACQUISITION BY OWNER.  The proposed arrangements for financing a qualified project may authorize the property owner to:
(1)  purchase directly the related equipment and materials for the installation or modification of a qualified improvement; and
(2)  contract directly, including through lease, power purchase agreement, or other service contract, for the installation or modification of a qualified improvement.
Added by Acts 2013, 83rd Leg., R.S., Ch. 416 (S.B. 385), Sec. 1, eff. June 14, 2013.

Gavvy last updated this database on: Sep 6, 2024