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.
Regulation of Successor Electric Utility Or Electric Cooperative
Tex. Utilities Code § 32.0015, under Jurisdiction and Powers of Commission and Other Regulatory Authorities.
Tex. Utilities Code § 32.0015