Texas Utilities Code - Section 101.004. Person Determined To Be Affiliate
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§ 101.004. PERSON DETERMINED TO BE AFFILIATE. (a) The
railroad commission may determine that a person is an affiliate for
purposes of this subtitle if the railroad commission after notice
and hearing finds that the person:
(1) actually exercises substantial influence or
control over the policies and actions of a gas utility;
(2) is a person over which a gas utility exercises the
control described by Subdivision (1);
(3) is under common control with a gas utility; or
(4) actually exercises substantial influence over the
policies and actions of a gas utility in conjunction with one or
more persons with whom the person is related by ownership or blood
relationship, or by action in concert, that together they are
affiliated with the gas utility within the meaning of this section
even though neither person may qualify as an affiliate
individually.
(b) For purposes of Subsection (a)(3), "common control with
a gas utility" means the direct or indirect possession of the power
to direct or cause the direction of the management and policies of
another, without regard to whether that power is established
through ownership or voting of securities or by any other direct or
indirect means.
Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.
Section: 66.014 66.015 66.016 66.017 101.001 101.002 101.003 101.004 101.005 101.006 101.007 101.008 101.051 101.052 101.053
Last modified: August 10, 2007
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