(a) A corresponding water utility may enter into a written agreement with a sewer utility or other entity, including without limitation an entity responsible for trash collection, for the regular billing and collection of the bills of the sewer utility or other entity by the corresponding water utility on behalf of the sewer utility or other entity for a fee to be paid by the sewer utility or other entity.
(b) When a corresponding water utility is responsible for the regular billing and collection of bills for a sewer utility or other entity based on a written agreement under subsection (a) of this section:
(1) The requirements of § 14-234-703 do not apply; and
(2) The corresponding water utility may terminate water service to a customer for the customer's failure to pay any portion of the collective bill sent by the corresponding water utility on behalf of itself and any sewer utility or other entity under this section.