Tex. Utilities Code § 65.151

This is the official text of Tex. Utilities Code § 65.151, part of Texas’s Utilities Code — regulates utility companies.

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§ 65.151. PROVISIONS APPLICABLE TO TRANSITIONING COMPANY.

Official statutory text

(a) Except as provided by Subsection (b), a transitioning company is governed by this subchapter and the provisions of this title that applied to the company immediately before the date the company was classified as a transitioning company. If there is a conflict between this subchapter and the other applicable provisions of this title, this subchapter controls.

(b) A transitioning company is not required to fulfill the obligations of a provider of last resort in a deregulated market.

Status: in_force · Read it on the official government site

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