Texas Statutes

§ 13.303 — LOANS TO STOCKHOLDERS: REPORT.

Texas § 13.303
JurisdictionTexas
Code WAWater Code

This text of Texas § 13.303 (LOANS TO STOCKHOLDERS: REPORT.) 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. Water Code Code Ann. § 13.303 (2026).

Text

Sec. 13.303. LOANS TO STOCKHOLDERS: REPORT. 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.

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Legislative History

Added by Acts 1985, 69th Leg., ch. 795, Sec. 3.005, eff. Sept. 1, 1985. Amended by Acts 1989, 71st Leg., ch. 567, Sec. 35, eff. Sept. 1, 1989. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 170 (H.B. 1600 ), Sec. 2.61, eff. September 1, 2013. Acts 2013, 83rd Leg., R.S., Ch. 171 (S.B. 567 ), Sec. 61, eff. September 1, 2013.

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Bluebook (online)
Texas § 13.303, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/13.303.