Texas Statutes
Chapter 39 - Restructuring of Electric Utility Industry
Subchapter G. Securitization

Section 39.301. Purpose - Sec. 39.301. PURPOSE. The purpose of this subchapter is to...

Section 39.302. Definitions - Sec. 39.302. DEFINITIONS. In this subchapter: (1) "Assignee" means any...

Section 39.303. Financing Orders; Terms - Sec. 39.303. FINANCING ORDERS; TERMS. (a) The commission shall adopt...

Section 39.304. Property Rights - Sec. 39.304. PROPERTY RIGHTS. (a) The rights and interests of...

Section 39.305. No Setoff - Sec. 39.305. NO SETOFF. The interest of an assignee or...

Section 39.306. No Bypass - Sec. 39.306. NO BYPASS. A financing order shall include terms...

Section 39.307. True-Up - Sec. 39.307. TRUE-UP. A financing order shall include a mechanism...

Section 39.308. True Sale - Sec. 39.308. TRUE SALE. An agreement by an electric utility...

Section 39.309. Security Interests; Assignment; Commingling; Default - Sec. 39.309. SECURITY INTERESTS; ASSIGNMENT; COMMINGLING; DEFAULT. (a) Transition property...

Section 39.310. Pledge of State - Sec. 39.310. PLEDGE OF STATE. Transition bonds are not a...

Section 39.311. Tax Exemption - Sec. 39.311. TAX EXEMPTION. Transactions involving the transfer and ownership...

Section 39.312. Not Public Utility - Sec. 39.312. NOT PUBLIC UTILITY. An assignee or financing party...

Section 39.313. Severability - Sec. 39.313. SEVERABILITY. Effective on the date the first utility...