Texas Statutes
§ 102.053 — REPORT OF LOAN TO STOCKHOLDERS.
Texas § 102.053
JurisdictionTexas
Code UTUtilities Code
This text of Texas § 102.053 (REPORT OF LOAN TO STOCKHOLDERS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Utilities Code Code Ann. § 102.053 (2026).
Text
Sec. 102.053. REPORT OF LOAN TO STOCKHOLDERS. A gas 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 gas utility unless the gas utility reports the transaction to the railroad commission within a reasonable time.
SUBCHAPTER C. RECORDS
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Legislative History
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 102.001
RAILROAD COMMISSION JURISDICTION.§ 102.004
REPORT OF SUBSTANTIAL INTEREST.§ 102.005
ASSISTANCE TO MUNICIPALITY.§ 102.053
REPORT OF LOAN TO STOCKHOLDERS.§ 102.101
RECORDS OF GAS UTILITY.§ 102.104
JURISDICTION OVER AFFILIATE.§ 102.151
SCHEDULE FILINGS.§ 102.152
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Bluebook (online)
Texas § 102.053, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/UT/102.053.