Report of Purchase of Voting Stock in Gas Utility

Jurisdiction and Powers of Railroad Commission and Other Regulatory Authorities · Restrictions on Certain Transactions

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.

Official text of the Texas Utilities Code as published by the Texas Legislative Council.

Official source

Legislative history

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