Tex. Utilities Code § 59.021
This is the official text of Tex. Utilities Code § 59.021, part of Texas’s Utilities Code — regulates utility companies.
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§ 59.021. ELECTION.
Official statutory text
(a) An incumbent local exchange company may elect to make an infrastructure commitment and to be subject to corresponding regulation under this chapter if the company:
(1) serves less than five percent of the access lines in this state; and
(2) has not elected incentive regulation under Chapter 58.
(b) A company makes the election by notifying the commission in writing of the company's election.
(c) A company electing under this chapter may renew the election for successive two-year periods. An election that is renewed under this subsection remains in effect until the earlier of the date that:
(1) the election expires because it was not renewed;
(2) the commission allows the company to withdraw its election under Section 59.022; or
(3) the legislature eliminates the incentive regulation authorized by this chapter and Chapter 58.
(1) serves less than five percent of the access lines in this state; and
(2) has not elected incentive regulation under Chapter 58.
(b) A company makes the election by notifying the commission in writing of the company's election.
(c) A company electing under this chapter may renew the election for successive two-year periods. An election that is renewed under this subsection remains in effect until the earlier of the date that:
(1) the election expires because it was not renewed;
(2) the commission allows the company to withdraw its election under Section 59.022; or
(3) the legislature eliminates the incentive regulation authorized by this chapter and Chapter 58.
Status: in_force · Read it on the official government site
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