Tex. Utilities Code § 121.301
This is the official text of Tex. Utilities Code § 121.301, part of Texas’s Utilities Code — regulates utility companies.
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§ 121.301. RECEIVERSHIP.
Official statutory text
(a) On application of the railroad commission, a court having jurisdiction to appoint a receiver may appoint a receiver to control and manage, under the direction of the court, the property of a pipeline subject to this chapter if the person or corporation owning, operating, or controlling the pipeline violates this chapter or a rule of the railroad commission.
(b) The railroad commission may apply for a receivership only if the railroad commission determines that the public interest requires a receivership.
(c) The grounds for the appointment of a receiver under this section are in addition to any other ground provided by law.
(b) The railroad commission may apply for a receivership only if the railroad commission determines that the public interest requires a receivership.
(c) The grounds for the appointment of a receiver under this section are in addition to any other ground provided by law.
Status: in_force · Read it on the official government site
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