Tex. Utilities Code § 53.352
This is the official text of Tex. Utilities Code § 53.352, part of Texas’s Utilities Code — regulates utility companies.
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§ 53.352. PARTIAL DEREGULATION BY BALLOT.
Official statutory text
(a) An incumbent local exchange company that is a cooperative corporation may vote to partially deregulate the cooperative by sending a ballot to each cooperative member. The incumbent local exchange company may include the ballot in a bill or send the ballot separately. The ballot shall be printed to permit voting for or against the proposition: "Authorizing the partial deregulation of the (name of the cooperative)."
(b) The cooperative is partially deregulated if a majority of the ballots returned to the cooperative not later than the 45th day after the date the ballots are mailed favor deregulation.
(b) The cooperative is partially deregulated if a majority of the ballots returned to the cooperative not later than the 45th day after the date the ballots are mailed favor deregulation.
Status: in_force · Read it on the official government site
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