111.054 – LIEN FOR STORAGE CHARGES. A public utility shall
Texas Natural Resources Code § 111.054
Summary
This law grants public utilities a lien on commodities they possess to secure payment for storage and transportation charges. The lien takes precedence over all other liens, except for tax liens, ensuring utilities can recover costs associated with the commodities.
Public utilities can secure storage and transportation charges with a lien.
The lien is superior to all other liens except tax liens.
Applies to commodities in the possession of public utilities.
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In simple terms: Learn about Texas's LIEN FOR STORAGE CHARGES. A public utility shall law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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