{"data":{"id":"us-tx/tex.-utilities-code-14.103","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 14.103","heading":"REPORT OF LOAN TO STOCKHOLDERS.","body":"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.\nActs 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.","path":["UTILITIES CODE","TITLE 2. PUBLIC UTILITY REGULATORY ACT","SUBTITLE A. PROVISIONS APPLICABLE TO ALL UTILITIES","CHAPTER 14. JURISDICTION AND POWERS OF COMMISSION AND OTHER REGULATORY AUTHORITIES","SUBCHAPTER C. RESTRICTIONS ON CERTAIN TRANSACTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.14.htm#14.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"3c16c0fe68ffc32aa87f65862abbddbc3d791fc99247a85f709e5ce4e87bbced","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-14.102","next":"us-tx/tex.-utilities-code-14.151"},"notice":"GroundRules: Original legal text. Not legal advice."}