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Texas Utilities Code

§ 102.052 — REPORT OF PURCHASE OF VOTING STOCK IN GAS UTILITY

UT § 102.052Title 3. GAS REGULATION · Part A. GAS UTILITY REGULATORY ACT · Ch. 102. JURISDICTION AND POWERS OF RAILROAD COMMISSION AND OTHER REGULATORY AUTHORITIES · Art. B. RESTRICTIONS ON CERTAIN TRANSACTIONS

Statute text

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A gas utility may not purchase voting stock in another gas utility doing business in this state unless the utility reports the purchase to the railroad commission.

Legislative history

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.