Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 54.255 - Transfer of Certain Certificates(a) A telecommunications utility may sell, assign, or lease a certificate of convenience and necessity or a certificate of operating authority or a right obtained under such a certificate if the commission determines that the purchaser, assignee, or lessee can provide adequate service.(b) The sale, assignment, or lease of a certificate or a right is subject to conditions the commission prescribes. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.