Tex. Utils. Code Section 14.103
Report of Loan to Stockholders


A public utility may not loan money, stocks, bonds, notes, or other evidence of indebtedness to a person who directly or indirectly owns or holds any stock of the public utility unless the public utility reports the transaction to the commission within a reasonable time.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.

Source: Section 14.103 — Report of Loan to Stockholders, https://statutes.­capitol.­texas.­gov/Docs/UT/htm/UT.­14.­htm#14.­103 (accessed May 4, 2024).

Accessed:
May 4, 2024

§ 14.103’s source at texas​.gov