Tex. Util. Code § 14.103

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 14.103 - Report of Loan to Stockholders

A public utility may not loan money, stocks, bonds, notes, or other evidence of indebtedness to a person who directly or indirectly owns or holds any stock of the public utility unless the public utility reports the transaction to the commission within a reasonable time.

Tex. Util. Code § 14.103

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.