Texas Administrative Code
Title 30 - ENVIRONMENTAL QUALITY
Part 1 - TEXAS COMMISSION ON ENVIRONMENTAL QUALITY
Chapter 291 - UTILITY REGULATIONS
Subchapter G - CERTIFICATES OF CONVENIENCE AND NECESSITY
Section 291.110 - Foreclosure and Bankruptcy
Current through Reg. 50, No. 13; March 28, 2025
(a) A utility that receives notice that all or a portion of the utility's facilities or property used to provide utility service are being posted for foreclosure shall notify the commission in writing of that fact not later than the tenth day after the date on which the utility receives the notice.
(b) A financial institution that forecloses on a utility or on any part of the utility's facilities or property that are used to provide utility service shall provide written notice to the commission before the 30th day preceding the date on which the foreclosure is completed.
(c) Not later than the 48th hour after the hour in which a utility files a bankruptcy petition, the utility shall report this fact to the commission in writing.