Tex. Util. Code § 36.404 · Subchapter I. SECURITIZATION FOR RECOVERY OF SYSTEM RESTORATION COSTS
NONBYPASSABLE CHARGES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The commission shall include terms in the financing order to ensure that the imposition and collection of transition charges associated with the recovery of system restoration costs are nonbypassable by imposing restrictions on bypassability of the type provided for in Chapter 39 or by alternative means of ensuring nonbypassability, as the commission considers appropriate, consistent with the purposes of securitization.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 1 (S.B. 769), Sec. 1, eff. April 16, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.36.htm
- Text hash
- sha256 046112f69507ab3ce9740cac5152e25ed5e8d7a4f266fa1cb143744627ac5c8a
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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