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Texas Utilities Code - UTIL § 65.151. Provisions Applicable to Transitioning Company

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

(a) Except as provided by Subsection (b), a transitioning company is governed by this subchapter and the provisions of this title that applied to the company immediately before the date the company was classified as a transitioning company. If there is a conflict between this subchapter and the other applicable provisions of this title, this subchapter controls.

(b) A transitioning company is not required to fulfill the obligations of a provider of last resort in a deregulated market.

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Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 65.151. Provisions Applicable to Transitioning Company - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-65-151/

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