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Texas Utilities Code

§ 14.102 — REPORT OF PURCHASE OF VOTING STOCK IN PUBLIC UTILITY

UT § 14.102Title 2. PUBLIC UTILITY REGULATORY ACT · Part A. PROVISIONS APPLICABLE TO ALL UTILITIES · Ch. 14. JURISDICTION AND POWERS OF COMMISSION AND OTHER REGULATORY AUTHORITIES · Art. C. RESTRICTIONS ON CERTAIN TRANSACTIONS

Statute text

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

Legislative history

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