A financing order shall include terms ensuring that the imposition and collection of transition charges authorized in the order shall be nonbypassable.
Official text of the Texas Utilities Code as published by the Texas Legislative Council.
Utilities Code › Title 2 › Chapter 39 › Subchapter G
Texas Utilities Code § 39.306
Restructuring of Electric Utility Industry · Securitization
A financing order shall include terms ensuring that the imposition and collection of transition charges authorized in the order shall be nonbypassable.
Official text of the Texas Utilities Code as published by the Texas Legislative Council.
Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.