Sec. 54.255. TRANSFER OF CERTAIN CERTIFICATES. (a) A telecommunications utility may sell, assign, or lease a certificate of convenience and necessity or a certificate of operating authority or a right obtained under such a certificate if the commission determines that the purchaser, assignee, or lessee can provide adequate service.
(b) The sale, assignment, or lease of a certificate or a right is subject to conditions the commission prescribes.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle C - Telecommunications Utilities
Subchapter F. Regulation of Services, Areas, and Facilities
Section 54.251. Provision of Service
Section 54.253. Discontinuation of Service by Certain Certificate Holders
Section 54.254. Required Refusal of Service
Section 54.255. Transfer of Certain Certificates
Section 54.256. Application of Contracts
Section 54.257. Interference With Another Telecommunications Utility
Section 54.259. Discrimination by Property Owner Prohibited