{"data":{"id":"us-tx/tex.-water-code-13.303","jurisdiction":"us-tx","citation":"Tex. Water Code § 13.303","heading":"LOANS TO STOCKHOLDERS: REPORT.","body":"A utility may not loan money, stocks, bonds, notes, or other evidences of indebtedness to any corporation or person owning or holding directly or indirectly any stock of the utility unless the utility reports the transaction to the utility commission within 60 days after the date of the transaction.\nAdded by Acts 1985, 69th Leg., ch. 795, Sec. 3.005, eff. Sept. 1, 1985. Amended by Acts 1989, 71st Leg., ch. 567, Sec. 35, eff. Sept. 1, 1989.\nAmended by:\nActs 2013, 83rd Leg., R.S., Ch. 170 (H.B. 1600), Sec. 2.61, eff. September 1, 2013.\nActs 2013, 83rd Leg., R.S., Ch. 171 (S.B. 567), Sec. 61, eff. September 1, 2013.","path":["WATER CODE","TITLE 2. WATER ADMINISTRATION","SUBTITLE B. WATER RIGHTS","CHAPTER 13. WATER RATES AND SERVICES","SUBCHAPTER H. SALE OF PROPERTY AND MERGERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.13.htm#13.303","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"995de9521de009bd96ec5e86c88a4f089a2c55ee6729f6c8dbacb7b868246d94","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-13.3021","next":"us-tx/tex.-water-code-13.304"},"notice":"GroundRules: Original legal text. Not legal advice."}