Sec. 8510.0316.  ACQUISITION OR OPERATION OF PROPERTY.  (a)  In this section, "property" includes:
(1)  rights, including surface water rights and groundwater rights; and
(2)  land, tenements, easements, rights-of-way, improvements, reservoirs, dams, canals, laterals, plants, works, and facilities.
(b)  The authority may investigate, plan, acquire, construct, maintain, or operate any property the authority considers necessary or proper to accomplish the purposes for which the authority is created.
(c)  The power described by Subsection (b) includes the power to acquire, inside or outside the authority, property and all other rights that are incidental or helpful to carrying out the purposes for which the authority is created.
(d)  The authority may purchase groundwater rights only as provided by Section 8510.0317.
(e)  Notwithstanding the other provisions of this section, the authority may engage in the generation or distribution of electric energy only as provided by Section 8510.0310.
Added by Acts 2021, 87th Leg., R.S., Ch. 914 (H.B. 3530), Sec. 1.03, eff. April 1, 2023.