{"data":{"id":"us-tx/tex.-utilities-code-102.053","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 102.053","heading":"REPORT OF LOAN TO STOCKHOLDERS.","body":"A gas 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 gas utility unless the gas utility reports the transaction to the railroad commission within a reasonable time.\nActs 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.","path":["UTILITIES CODE","TITLE 3. GAS REGULATION","SUBTITLE A. GAS UTILITY REGULATORY ACT","CHAPTER 102. JURISDICTION AND POWERS OF RAILROAD COMMISSION AND OTHER REGULATORY AUTHORITIES","SUBCHAPTER B. RESTRICTIONS ON CERTAIN TRANSACTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.102.htm#102.053","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"626669fbc2b47ab8766ee67e33f59145d24f6884786be79afa2ef2eabe9a90d3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-102.052","next":"us-tx/tex.-utilities-code-102.101"},"notice":"GroundRules: Original legal text. Not legal advice."}