Tex.
Utils. Code Section 59.021
Election
(a)
An incumbent local exchange company may elect to make an infrastructure commitment and to be subject to corresponding regulation under this chapter if the company:(1)
serves less than five percent of the access lines in this state; and(2)
has not elected incentive regulation under Chapter 58 (Incentive Regulation).(b)
A company makes the election by notifying the commission in writing of the company’s election.(c)
A company electing under this chapter may renew the election for successive two-year periods. An election that is renewed under this subsection remains in effect until the earlier of the date that:(1)
the election expires because it was not renewed;(2)
the commission allows the company to withdraw its election under Section 59.022 (Withdrawal of Election); or(3)
the legislature eliminates the incentive regulation authorized by this chapter and Chapter 58 (Incentive Regulation).
Source:
Section 59.021 — Election, https://statutes.capitol.texas.gov/Docs/UT/htm/UT.59.htm#59.021 (accessed May 11, 2024).
