A rate established under this subchapter must be in accordance with the rate-setting principles of this chapter, except that a company may provide to its board members, officers, employees, or agents free or reduced rates for services.
Tex. Util. Code § 53.307
COMPLIANCE WITH PRINCIPLES; REDUCED RATES
Known as the Public Utility Regulatory Act
The act spans §§ 11–66 (1,170 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.