Texas Utilities Code

§ 12.152 — CONFLICT OF INTEREST

UT § 12.152Title 2. PUBLIC UTILITY REGULATORY ACT · Part A. PROVISIONS APPLICABLE TO ALL UTILITIES · Ch. 12. ORGANIZATION OF COMMISSION · Art. D. PROHIBITED RELATIONSHIPS AND ACTIVITIES

Statute text

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(a)A person is not eligible for appointment as a commissioner or executive director of the commission if:

(1)the person serves on the board of directors of a company that supplies fuel, utility-related services, or utility-related products to regulated or unregulated electric or telecommunications utilities; or

(2)the person or the person's spouse:

(A)is employed by or participates in the management of a business entity or other organization that is regulated by or receives funds from the commission;

(B)directly or indirectly owns or controls more than a 10 percent interest in:

(i)a business entity or other organization that is regulated by or receives funds from the commission; or

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Legislative history

Acts 2013, 83rd Leg., R.S., Ch. 170 (H.B. 1600), Sec. 1.03, eff. September 1, 2013.