Texas Utilities Code

§ 12.154 — PROHIBITED ACTIVITIES

UT § 12.154Title 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)During the period of service with the commission, a commissioner or commission employee may not:

(1)have a pecuniary interest, including an interest as an officer, director, partner, owner, employee, attorney, or consultant, in:

(A)a public utility or affiliate; or

(B)a person a significant portion of whose business consists of furnishing goods or services to public utilities or affiliates; or

(2)accept a gift, gratuity, or entertainment from:

(A)a public utility, affiliate, or direct competitor of a public utility;

…

Legislative history

Acts 2013, 83rd Leg., R.S., Ch. 170 (H.B. 1600), Sec. 1.04, eff. September 1, 2013.