Texas § 39.3555 REGISTRATION OF BROKERS.

Texas Statutes

§ 39.3555 — REGISTRATION OF BROKERS.

Texas § 39.3555

Code UTUtilities Code

This text of Texas § 39.3555 (REGISTRATION OF BROKERS.) 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. § 39.3555 (2026).

Text

Sec. 39.3555. REGISTRATION OF BROKERS.

(a)In this section, "brokerage services" means providing advice or procurement services to, or acting on behalf of, a retail electric customer regarding the selection of a retail electric provider, or a product or service offered by a retail electric provider.

(b)A person may not provide brokerage services, including brokerage services offered online, in this state for compensation or other consideration unless the person is registered with the commission as a broker.

(c)A retail electric provider may not register as a broker. A broker may not sell or take title to electric energy.

(d)A retail electric provider may not knowingly provide bids or offers to a person who:

(1)provides brokerage services in this state for compensation or other consider

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Sec. 39.3555. REGISTRATION OF BROKERS. (a) In this section, "brokerage services" means providing advice or procurement services to, or acting on behalf of, a retail electric customer regarding the selection of a retail electric provider, or a product or service offered by a retail electric provider.
(b) A person may not provide brokerage services, including brokerage services offered online, in this state for compensation or other consideration unless the person is registered with the commission as a broker.
(c) A retail electric provider may not register as a broker. A broker may not sell or take title to electric energy.
(d) A retail electric provider may not knowingly provide bids or offers to a person who:
(1) provides brokerage services in this state for compensation or other consideration; and
(2) has not registered as a broker with the commission.
(e) A person who registers under this section shall comply with customer protection provisions, disclosure requirements, and marketing guidelines established by the commission and by this chapter and Chapter 17 .
(f) The commission shall adopt rules as necessary to implement this section.
(g) The commission shall process a person's application for registration as a broker not later than the 60th day after the date the person files the application.