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Texas Local Government Code - LOC GOV'T § 572.103. Receivership

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) At the request of the utility commission or the commission, the attorney general shall bring suit for the appointment of a receiver that is a public utility agency in the manner provided by Section 13.412, Water Code, to collect the assets and carry on the business of a utility or water supply or sewer service corporation that:

(1) has abandoned operation of its facilities;

(2) informs the utility commission or the commission that the owner is abandoning the system;

(3) violates a final order of the utility commission or the commission;

(4) allows any property owned or controlled by it to be used in violation of a final order of the utility commission or the commission;

(5) violates a final judgment issued by a district court in a suit brought by the attorney general under:

(A) Chapter 7 or 13, Water Code;  or

(B) Chapter 341, Health and Safety Code;  or

(6) violates a final judgment issued by a court in a proceeding to enforce a provision of a permit issued by a groundwater conservation district under Chapter 36, Water Code.

(b) To facilitate the regionalization of water and sewer service, the utility commission shall prioritize an application submitted under Section 13.412(g), Water Code, by a public utility agency.  The utility commission shall issue an order approving the acquisition proposed in the application not later than the 120th day after the date the utility commission determines the application is complete.

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Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 572.103. Receivership - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-572-103/

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