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    • Legislation USA
    • Texas Statutes
    • Utilities Code
    • Title 2 - Public Utility Regulatory Act
    • Subtitle B - Electric Utilities
    • Chapter 39 - Restructuring of Electric Utility Industry
    • Subchapter G. Securitization
    • Section 39.306. No Bypass

    Texas Statutes
    Subchapter G. Securitization
    Section 39.306. No Bypass

    Sec. 39.306. NO BYPASS. A financing order shall include terms ensuring that the imposition and collection of transition charges authorized in the order shall be nonbypassable.
    Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.

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    Structure Texas Statutes

    Texas Statutes

    Utilities Code

    Title 2 - Public Utility Regulatory Act

    Subtitle B - Electric Utilities

    Chapter 39 - Restructuring of Electric Utility Industry

    Subchapter G. Securitization

    Section 39.301. Purpose

    Section 39.302. Definitions

    Section 39.303. Financing Orders; Terms

    Section 39.304. Property Rights

    Section 39.305. No Setoff

    Section 39.306. No Bypass

    Section 39.307. True-Up

    Section 39.308. True Sale

    Section 39.309. Security Interests; Assignment; Commingling; Default

    Section 39.310. Pledge of State

    Section 39.311. Tax Exemption

    Section 39.312. Not Public Utility

    Section 39.313. Severability

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