Tex. Utilities Code § 36.404

This is the official text of Tex. Utilities Code § 36.404, part of Texas’s Utilities Code — regulates utility companies.

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§ 36.404. NONBYPASSABLE CHARGES.

Official statutory text

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.

Status: in_force · Read it on the official government site

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