Tex. Water Code § 13.303
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A utility may not loan money, stocks, bonds, notes, or other evidences of indebtedness to any corporation or person owning or holding directly or indirectly any stock of the utility unless the utility reports the transaction to the utility commission within 60 days after the date of the transaction.
Tex. Water Code § 13.303