Texas Statutes
§ 104.368 — PROPERTY INTEREST NOT SUBJECT TO SETOFF, COUNTERCLAIM, SURCHARGE, OR DEFENSE.
Texas § 104.368
JurisdictionTexas
Code UTUtilities Code
This text of Texas § 104.368 (PROPERTY INTEREST NOT SUBJECT TO SETOFF, COUNTERCLAIM, SURCHARGE, OR DEFENSE.) 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. § 104.368 (2026).
Text
Sec. 104.368. PROPERTY INTEREST NOT SUBJECT TO SETOFF, COUNTERCLAIM, SURCHARGE, OR DEFENSE. The interest of an issuing financing entity or pledgee in customer rate relief property, including the revenue and collections arising from customer rate relief charges, is not subject to setoff, counterclaim, surcharge, or defense by the gas utility or any other person or in connection with the bankruptcy of the gas utility, the authority, or any other entity. A financing order remains in effect and unabated notwithstanding the bankruptcy of the gas utility, the authority, an issuing financing entity, or any successor or assignee of the gas utility, authority, or issuing financing entity.
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Legislative History
Added by Acts 2021, 87th Leg., R.S., Ch. 805 (H.B. 1520 ), Sec. 5, eff. June 16, 2021.
Nearby Sections
15
§ 104.002
COMPLIANCE WITH SUBTITLE.§ 104.003
JUST AND REASONABLE RATES.§ 104.005
EQUALITY OF RATES AND SERVICES.§ 104.006
RATES FOR AREA NOT IN MUNICIPALITY.§ 104.008
BURDEN OF PROOF.§ 104.051
ESTABLISHING OVERALL REVENUES.§ 104.052
ESTABLISHING FAIR RATE OF RETURN.§ 104.055
NET INCOME; ALLOWABLE EXPENSES.§ 104.056
TREATMENT OF CERTAIN TAX BENEFITS.§ 104.057
CONSIDERATION OF CERTAIN EXPENSES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 104.368, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/UT/104.368.