Texas Utilities Code - Section 11.006. Person Determined To Be Affiliate
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§ 11.006. PERSON DETERMINED TO BE AFFILIATE. (a) The
commission may determine that a person is an affiliate for purposes
of this title if the commission after notice and hearing finds that
the person:
(1) actually exercises substantial influence or
control over the policies and actions of a public utility;
(2) is a person over which a public utility exercises
the control described by Subdivision (1);
(3) is under common control with a public utility; or
(4) together with one or more persons with whom the
person is related by ownership or blood relationship, or by action
in concert, actually exercises substantial influence over the
policies and actions of a public utility even though neither person
may qualify as an affiliate individually.
(b) For purposes of Subsection (a)(3), "common control with
a public 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: 1.003 11.001 11.002 11.003 11.004 11.0042 11.005 11.006 11.007 11.008 11.009 12.001 12.002 12.003 12.004
Last modified: August 10, 2007
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