13.305[2/2] – VOLUNTARY VALUATION OF ACQUIRED UTILITY OR
Texas Water Code § 13.305[2/2]
Summary
This law outlines the process for a utility commission to approve the acquisition of a utility, including determining the selling utility's rate base and any conditions for the acquisition. It affects utilities undergoing acquisition and their regulatory compliance.
Utility commission must approve acquisition applications.
Includes determination of selling utility's ratemaking rate base.
Tariffs remain effective until new rates are approved.
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In simple terms: Learn about Texas's VOLUNTARY VALUATION OF ACQUIRED UTILITY OR 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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