A gas utility may not purchase voting stock in another gas utility doing business in this state unless the utility reports the purchase to the railroad commission.
Tex. Util. Code § 102.052
REPORT OF PURCHASE OF VOTING STOCK IN GAS UTILITY
Known as the Gas Utility Regulatory Act
The act spans §§ 101–105 (133 sections).
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.