Sec. 104.380. SEVERABILITY. After the date customer rate relief bonds are issued under this subchapter, if any provision in this title or portion of this title or related provisions in Title 9, Government Code, are held to be invalid or are invalidated, superseded, replaced, repealed, or expire for any reason, that occurrence does not affect the validity or continuation of this subchapter or any other provision of this title or related provisions in Title 9, Government Code, that are relevant to the issuance, administration, payment, retirement, or refunding of customer rate relief bonds or to any actions of a gas utility, its successors, an assignee, a collection agent, or a financing party, which shall remain in full force and effect.
Added by Acts 2021, 87th Leg., R.S., Ch. 805 (H.B. 1520), Sec. 5, eff. June 16, 2021.
Structure Texas Statutes
Subtitle A - Gas Utility Regulatory Act
Chapter 104 - Rates and Services
Subchapter I. Customer Rate Relief Bonds
Section 104.361. Purpose; Railroad Commission Duty
Section 104.363. Extraordinary Costs
Section 104.364. Jurisdiction and Powers of Railroad Commission and Other Regulatory Authorities
Section 104.365. Regulatory Asset Determination
Section 104.366. Financing Orders and Issuance of Customer Rate Relief Bonds
Section 104.367. Property Rights
Section 104.368. Property Interest Not Subject to Setoff, Counterclaim, Surcharge, or Defense
Section 104.369. Customer Rate Relief Charges Nonbypassable
Section 104.370. True-Up Mechanism
Section 104.371. Security Interests; Assignment; Commingling; Default
Section 104.372. Bond Proceeds in Trust
Section 104.373. Repayment of Customer Rate Relief Bonds
Section 104.374. Pledge of State
Section 104.375. Tax Exemption
Section 104.376. Recoverable Tax Expense
Section 104.377. Issuing Financing Entity or Financing Party Not Public Utility
Section 104.378. No Personal Liability