Texas § 56.254 RECOVERY OF COSTS.

Texas Statutes

§ 56.254 — RECOVERY OF COSTS.

Texas § 56.254

Code UTUtilities Code

This text of Texas § 56.254 (RECOVERY OF COSTS.) 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. § 56.254 (2026).

Text

Sec. 56.254. RECOVERY OF COSTS. The commission order designating the successor utility under Section 54.303 shall authorize the utility to recover the costs determined under Section 56.253 . The costs may be amortized and recovered from the state universal service fund, together with interest at the prevailing commercial lending rate:

(1)not later than the first anniversary of the date of the order if the costs are not more than $1 million;

(2)not later than the second anniversary of the date of the order if the costs are more than $1 million but no more than $2 million; and

(3)not later than the third anniversary of the date of the order if the costs are more than $2 million. SUBCHAPTER H. AUDIO NEWSPAPER PROGRAM

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 56.254. RECOVERY OF COSTS. The commission order designating the successor utility under Section 54.303 shall authorize the utility to recover the costs determined under Section 56.253 . The costs may be amortized and recovered from the state universal service fund, together with interest at the prevailing commercial lending rate:
(1) not later than the first anniversary of the date of the order if the costs are not more than $1 million;
(2) not later than the second anniversary of the date of the order if the costs are more than $1 million but no more than $2 million; and
(3) not later than the third anniversary of the date of the order if the costs are more than $2 million.
SUBCHAPTER H. AUDIO NEWSPAPER PROGRAM