Texas Utilities Code

§ 121.301 — RECEIVERSHIP

UT § 121.301Title 3. GAS REGULATION · Part B. REGULATION OF TRANSPORTATION AND USE · Ch. 121. GAS PIPELINES · Art. G. ENFORCEMENT REMEDIES

Statute text

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(a)On application of the railroad commission, a court having jurisdiction to appoint a receiver may appoint a receiver to control and manage, under the direction of the court, the property of a pipeline subject to this chapter if the person or corporation owning, operating, or controlling the pipeline violates this chapter or a rule of the railroad commission.

(b)The railroad commission may apply for a receivership only if the railroad commission determines that the public interest requires a receivership.

(c)The grounds for the appointment of a receiver under this section are in addition to any other ground provided by law.

Legislative history

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