Sec. 32.0015. REGULATION OF SUCCESSOR ELECTRIC UTILITY OR ELECTRIC COOPERATIVE. If an electric utility purchases, acquires, merges, or consolidates with or acquires 50 percent or more of the stock of an electric utility or electric cooperative, the commission shall regulate the successor electric utility or electric cooperative in the same manner that the commission would regulate the entity that was subject to the stricter regulation before the purchase, acquisition, merger, or consolidation.
Added by Acts 1999, 76th Leg., ch. 405, Sec. 12, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle B - Electric Utilities
Chapter 32 - Jurisdiction and Powers of Commission and Other Regulatory Authorities
Subchapter A. Commission Jurisdiction
Section 32.001. Commission Jurisdiction
Section 32.0015. Regulation of Successor Electric Utility or Electric Cooperative
Section 32.002. Limitation on Commission Jurisdiction